Types of Consensus Algorithms:

The most common and widely used consensus algorithms are given below:

    Proof of Work - The first of the many blockchain based decentralized consensus algorithms was the Proof of Work (PoW). Despite having many other algorithms, it is still entrusted by the top of the line cryptocurrencies such as Bitcoin, Ethereum, Monero, Litecoin, Zcash and many more. However, Ethereum is on its way to move to the Proof of Stake (PoS) algorithm which we will be discussing in the next section. The performance of PoW is dependent upon the participants which it requires to do the computationally intensive work. Miners in case of the Bitcoin platform work to accumulate a set of transaction, called block, to be associated with the network maintained by the global blockchain. In order to get this done, the miner has to be the first one to rightly point out the ‘nonce’, which is actually a number that is appended at the end of the string, forming a hash. Hash initiates with the number of 0s required. The best part of PoW is that, it has proven itself with performance over a good number of years, which is far more than any of the consensus algorithms that it competes with. However, PoW has its share of downsides as well and the major ones are its excessive.

Consensus Protocols of Blockchain – A Guide to Remember

What is a Consensus Algorithm?

The decentralized cryptocurrencies platforms of Blockchain model are powered by consensus algorithms, which is its most crucial aspect. It is true that the advent of Blockchain changed our life altogether and opened new horizons in the financial domain. But, this doesn’t mean that we limit ourselves just to what the initial model of Blockchain has offered us. Things evolve in any technological infrastructure with time and demand of the market. In Blockchain, the shared public ledger is all dependent upon efficiency and performance of its consensus algorithm.

A popular example of a consensus algorithm is Proof of Work (PoW) which is used both by the gigantic cryptocurrencies, Ethereum and Blockchain. There are multiple such algorithms introduced so far for different cryptocurrencies which were introduced to address a particular issue and to take the blockchain mechanism to an altogether newer level.
What does a Consensus Algorithm do?

A consensus algorithm in the blockchain model majorly performs two major things which are given as follows:

     Ensuring that the next block in line is every possible sense is the unique version of the transaction or truth.
     Countering the resourceful challengers from deteriorating or derailing the network/ system and ensuring successful forking of the chain.

Token sale is necessary for the development of the products of Optherium ecosystem.

Heptapolis Green Energy solution in an attempt to continue the modernization and development to announce its collaboration with Sergey Lev, the founder of the company and Paul Ushkov, project Manager at Icoconsult that specializiruetsya on the promotion of cryptocurrency and with extensive experience, take on the consultation Role and the support of our project!

http://icoconsult.ru
http://sergeylev.ru

Token Sale Start in
5 days: 01 hours: 28 minuts : 13 seconds.

Approx 9870050 of 150000000 HHEC have been sold of the Pre Sale phase.

Just wait a little bit.

Visit to our new factory in Viotia


A delegation of people from Cyprus, Greece, Zakynthos, the United Kingdom, Norway, and the United Arab Emirates visited our new factory in Inofyta, Viotia.

Heptapolis Green Energy Solutions is proud to announce their participation to the iCoin Summit, a unique blockchain event with 16 of the world’s most promising companies launching ICOs. Start-up ICOs will compete for a grand prize of $250,000 to $500,000! The participation itself consists a privilege and an honor for H.G.E.S.

Limassol 9th – 10th May

More info  https://icoinsummit.com

 It shows that all the hard work we have put into the creation of our Heptapolis Humanitarian Energy Coin did not go to waste but on the contrary, something globally unique was created. You can now buy our truly back up energy coin through our platform at www.heptapolisenergy.net or the dedicated coin platform www.heptapolis.io

Icoin Summit Semi Finalist


Following our participation in the “icoin summit” and it’s head to head battles with 74 ico’s from all over the World we officially announce that we went to the semifinals and get came 3rd, a fantastic achievement considering how new we are in this industry.

Presale ended.
5M tokens with 50% bonus were sold out!

Public Token Sale will start June 21, 2018
Selling 49,500,000 tokens with bonuses 40%, 30%, 20%

All the Tokens of Heptapolis is backed up now with the price 0.05€ Neither team, nor #bounty has free tokens. Bounty was paid by the company. This makes our #ico unique!

Как я понимаю обменник меняет разные валюты, а миксер одну, так сказать запутывает транзакции, чтобы никто не понял.

Some more news:

ROMAD General Manager Asia Igor Zhukov at the interview during World Blockchain Conference 2018

 Naquib Hatami, Founder of Cybit, shared his views on the partnership, stating "There is an amazing synergy between CyBit™ and Blocks & Beyond's vision, we are excited to be partnered with Blocks & Beyond and we are confident that they will be enabling us to accelerate our fundraiser and business growth as well".

More information:
Garima Singh
Chief Strategy Officer
info@cybit.io | www.cybit.io

CyBit™ partnered with Blocks and Beyond to:

     Accelerate the fundraising for the ICO and create a win-win situation in tapping the new avenues.
     Drive operational excellence and business growth through investor centricity
     Strengthen CyBit™ during ICO phase and beyond (to the future)

 Incepted with a mission of being the most reliable catalyst for ICO’s success & contribute to the era of “Internet of Value” – Blocks & Beyond (www.blocksandbeyond.com) was created with a stellar group of industry experts for building next-generation ICOs & Blockchain solutions to satisfy tomorrow’s needs in most efficient and effective way.

Blocks & Beyond’s Founders Anil kumar Mabagapu & Macharayya Gangumalla said "We’re delighted to work with CyBit™. Our strong ICO track record and deep market relationships will help support CyBit™ ICO across the globe. CyBit™ is at the forefront in building a Global Marketplace for Startups to raise funds, Investors to bet on high-quality products, and also provide access to a strong network of service providers and strategic partners. We are happy to partner with Cy CyBit™ bit and a visionary leader like Naquib Hatami in making this ICO successful".

CYBIT LIMITED PARTNERS WITH BLOCKS & BEYOND TO SUPPORT ITS UPCOMING ICO

Hong Kong based Cybit is on a mission of creating the Next-Gen Crypto Platform Utilizing Crowdfunding to Empower Startups and Investors. CyBit™ is creating a global Marketplace that utilizes a credible Blockchain based token as a payment system through forex transactions and crowd-funding sources.

New startups can register through mobile app and send the necessary documents.

The Android / IOS applications will have the same functions as the version for PC.