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Alternate cryptocurrencies / Mining (Altcoins) / Re: Can a Self-Mining Coin Exist?
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on: November 13, 2017, 03:33:44 AM
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maybe what you talking about is PoS (proof of stake) coin. Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In PoS-based cryptocurrencies the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e. the stake). In contrast, the algorithm of proof-of-work (PoW) based cryptocurrencies (such as bitcoin) rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks You can find ithe detailed here https://en.wikipedia.org/wiki/Proof-of-stake
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Alternate cryptocurrencies / Altcoin Discussion / Re: Tips on choosing the right ICO
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on: November 02, 2017, 05:11:32 PM
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It is critical to know the nature of the company and the teams behind ICOs. Most of the companies are newly incorporated, but many founders have been around in their respective industries. It is possible to review profiles and search for news and mentions in their prior projects and efforts. later than that, good projects maitain good communication between dev and user.
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