RT @MintClubPro: @binance @BinanceLabs SocialFi and tokenisation market will be driven by #BinanceSmartChain.

15 Nov 2021, 13:45
RT @MintClubPro: @binance @BinanceLabs SocialFi and tokenisation market will be driven by #BinanceSmartChain 🚀

Same news in other sources

2
Dexsport
DexsportDESU #1619
Telegram
15 Nov 2021, 14:08
Hurry up! AMA with #BSCArmyofficial has already started❗️ 📍 Connect by the link: We have a very busy schedule of AMA sessions so make sure you turned on notifications in order not to miss anything 🔔
Hurry up. AMA with #BSCArmyofficial has already started️. Connect by the link:.
Hurry up! AMA with #BSCArmyofficial has already started❗️ 📍 Connect by the link: https://www.youtube.com/watch?v=EEQKkP15fVE We have a very busy schedule of AMA sessions so make sure you turned on notifications in order not to miss anything 🔔 https://twitter.com/dexsport_io/status/1460247778639200261?s=21
Diamond
DiamondDMD #988
Telegram
15 Nov 2021, 13:59
PoS vs PoW in 2021 ⚖️ ⠀ Blockchain systems vary considerably in their design especially when it comes to the consensus mechanisms used to verify network data. The most common consensus mechanisms are proof of work (PoW) and proof of stake (PoS). ⠀ PoW was initially introduced together with Bitcoin back in 2008 and so far remains widespread in cryptocurrencies. It involves solving increasingly complex mathematical puzzles, which means more and more computing power and higher electricity costs. So PoW blockchains are notorious for being very expensive and using resources inefficiently. ⠀ To address the drawbacks of PoW, PoS has been developed and is getting more and more popular. With this mechanism, the right to validate transactions goes to the users with a higher number of tokens stored in their wallets so it does not require much hardware or electricity. PoS also allows for higher scalability, better security and faster transactions, which makes new blockchain projects increasingly adopt this mechanism, something that DMDv3 has already done. ⠀ With DMDv4 we go one step further and create a cooperative consensus environment that allows industry first and revolutionary features like dynamic block time, instant finality, absolute censorship resistance even against blockfinder choosing what transactions it includes (because there is not a single blockfinder but a whole set of validators together create the blocks).
PoS vs PoW in 2021.
PoS vs PoW in 2021 ⚖️ ⠀ Blockchain systems vary considerably in their design especially when it comes to the consensus mechanisms used to verify network data. The most common consensus mechanisms are proof of work (PoW) and proof of stake (PoS). ⠀ PoW was initially introduced together with Bitcoin back in 2008 and so far remains widespread in cryptocurrencies. It involves solving increasingly complex mathematical puzzles, which means more and more computing power and higher electricity costs. So PoW blockchains are notorious for being very expensive and using resources inefficiently. ⠀ To address the drawbacks of PoW, PoS has been developed and is getting more and more popular. With this mechanism, the right to validate transactions goes to the users with a higher number of tokens stored in their wallets so it does not require much hardware or electricity. PoS also allows for higher scalability, better security and faster transactions, which makes new blockchain projects increasingly adopt this mechanism, something that DMDv3 has already done. ⠀ With DMDv4 we go one step further and create a cooperative consensus environment that allows industry first and revolutionary features like dynamic block time, instant finality, absolute censorship resistance even against blockfinder choosing what transactions it includes (because there is not a single blockfinder but a whole set of validators together create the blocks).