Spark Graphene EventFull Steemit Post here ->
https://steemit.com/bitshares/@bitspark/in-case-you-missed-it-spark-graphene-meet-upSpark held an introductory Graphene Meet Up in Hong Kong to educate those interested in what is Graphene, how it is used and why it is relevant in today's cryptocurrency space where decentrsliation, processing and speed has become top priorities for many projects.
For some who may have missed the Spark Graphene Meet Up, here is a round up of what happened.
https://www.youtube.com/watch?v=0FI50DTWHJE&t=1896s*(See the complete meet up on Youtube)*There are many projects already built on Graphene technology. The most popularised being BitShares (BTS), Steem (STEEM) and highly anticipated EOS. In fact Graphene is so powerful that we see many other projects like Peerplays, Yoypw and Muse using this technology too.
Projects are increasingly using Graphene supported blockchains as it is a developers tool box that enacts a Delegated Proof of Stake Consensus or DPOS for short to remove issues relating to centralised mining, cost and speed associated often associated with Proof of Work or Proof of Stake. It means that verification of transactions are dictated by a democratised network of stake holding witnesses rather than a network determined by who has the most computing power.
Above we see the ratio of centralised to decentralised cryptocurrency consensus used via many blockchains available today. It is interesting to note here the progression of blockchains from first generation like Bitcoin to Bitshares and EOS with the change in choice for consensus protocols.
Watch the full meet up video above to get all the details.
Questions from the Crowd>How do you make a stable coin? -> TimeStamped link / 5 min answer
https://youtu.be/0FI50DTWHJE?t=31m22s>How does the price of a stable coin remain stable? -> TimeStamped link / 5 min answer
https://youtu.be/0FI50DTWHJE?t=38m16s>How is busy.org different to Steemit? -> Timestamped link / 3 min answer
https://youtu.be/0FI50DTWHJE?t=39m37s>What risks do you see for the EOS launch? -> Timestamped link / 4 min answer
https://youtu.be/0FI50DTWHJE?t=40m43s>Is EOS competing with Graphene? -> Timestamped link / 5 min answer
https://youtu.be/0FI50DTWHJE?t=42m2s---
We hope you enjoyed this event. Spark will be holding more Meet Ups and events in the future with the aim to share collective knowledge of blockchain and cryptocurrency topics from application, development, business and product building. Let's build crypto's community for better understanding about the future together!
*Spark is interested in helping communities grow by providing free materials and information from our Meet Ups. Please contact
info@bitspark.io*
(As of 2018, Bitspark was rebranded to Spark)
