- Proof of work (PoW) is mining via CPU or GPU and consumes high electricity. It has the risk of being centralized by mining cartels and vulnerable to 51 % Attacks. It is available to only CPU and GPU owners.
- Proof of stake (PoS) is minting via staking of the crypto wallet and consumes very low electricity. It has the risk of being centralized by whales owning the majority of the coins and also vulnerable to 51 % Attacks. It is available only to coin owners.
- Proof of capacity (PoC) is mining via HDD and consumes low electricity. It has the risk of being centralized by HDD mining farms and vulnerable to 51 % Attacks. It is available to only HDD owners.
I know there are hybrid consensus projects that use PoW and PoS together for more security. Are there any hybrid consensus projects that use Pow, PoS and PoC as an all in one hybrid solution that can reach to many people for real decentralization and for complete guaranteed security? What are your thoughts about the possibility of a hybrid solution?
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I think crypto projects must fund themselves. This can only prove that they will have a future.
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Price speculation is hard but i believe in development activity. Sinovate is very active in github and all other channels. They are claiming to deliver decentralized cloud storage, direct messaging, data storing and blockchain email. From what i saw they have delivered their promises and only time will tell what will happen. Projects with active coding will definitely be great in the altcoin bull run and i think Sinovate will be one of them. They just need to be better in marketing...
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FInding a fully decentralized project that has active development and HODLing for a couple of years is the best and easiest way to earn in crypto...
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RVN and SIN are my only bags besides BTC because they are fully decentralized and community-driven...
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I am always in for projects wihout an ico and pre-mine. Fully decentralized, not controlled by central authorities no c level executives and founders. RVN is one of them because i am a miner and SIN is getting my attention lately because of their active development. I believe data privacy and decentralized cloud are one of the promising future blockchain fields..
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This is exactly the right time to buy altcoins while the altcoin bullrun is not here yet. Always prefer decentralized active projects with no central authority for long term. Always buy them when the price is low and sell when the price is high..
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Here is a tip from me. Crypto teams never reach to their users thru Direct Message so who is writing you will definitely be a scammer and never believe them...
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Dash is a pioneer project and the creator of masternodes with couple of more technologies but they haven't been inventing anything lately
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BTC, ETH, RVN and SIN. Besides Bitcoin, i prefer only fully decentralized no-ico and no-premine coins with active development. ETH was also an ICO but it is an exception, However i stay away from all the ICO projects because they are all centralized and those projects are no different than corporate companies in the stock market.
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Do they do it to get profit? We all know that all crypto prices are going up. This has an impact on all token sales. Many projects sell tokens just to make a profit. They only take the opportunity at this time. This is the shitcoin. Just see when the price of bitcoin fell like 2018. Many altcoins are unable to survive.
Nowadays, all such moves are made for profit. It is not yet fully understood how exactly this goal will be realized by the project, and how they are going to provide liquidity. After all, coins already exist within the framework of the social network itself, and the largest number is probably directly in the hands of developers. That is, just to release a dummy on the market without anything, they are unlikely to be able, one way or another, they will have to conduct something like a fundraiser. Although if it is really a large social network, it should have investors and significant reserves of finances, which can allow for a similar adventure with the release of shit coins on the market. Another speculation. I agree. They are made only for profit and they are all centralized. Only fully centralized projects with real life use cases will have success.
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SINOVATE keeps on hustling non-stop...
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Professional quality video with the animations and the voice. Great job as always!
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The new infinity nodes code seems really interesting.
All the masternodes need start alias and synchronization. How will they achieve that the node will not need a start alias, i really can not wait to see.
Will the wallet start instantly? How long will the setup of a new node take?
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This made it way easier to buy SIN with FIAT
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Thing is that Sinovate keeps development going. Even in crypto winter when so many projects have closed their doors. These guys keep at it. I see big plans for development this year. So we investing in a good project here!
They are unmatched! amazing team very dedicated. Very determined and consistent team. Great community support like a family...
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It seems the Hardfork was a success??!?
Any issues that community should know about. All seems quiet and things go on as per normal
Hardfork is a success and the stability is back. My nodes are enabled
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Sexiest Core Crypto wallet i have ever seen. SIN for the WIN
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Sinovate has now been listed on Coinsbit!!!!
Source: https://twitter.com/c0insbit/status/1216571466784759808Another successful milestone for SIN team., Coinsbit having $1.5B+ volume per day will surely help SIN to create more liquidity and attract new fresh investors for the project. Although majority of altcoins listed on their exchange are struggling with volume, We will see how SIN will perform in this exchange. The SIN team is keeping their promises one by one!
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