HYBRID POS/POW - IPFS - ORACLES - ETHER -

in #money6 years ago


HYBRID POS/POW
in this method, a balance between miners and voters (holders) may be achieved, creating a system of community-based governance by both insiders (holders) and outsiders (miners). a hybrid pos/pow allows for both proof of stake and proof of work as consensus distribution algorithms on the network. Source + Source
IPFS
ethereum blockchain is used to pay for transaction fees, miner rewards and other services on the network and this is the native token of the ethereum blockchain. Source + Source
ORACLES
oracles work (by providing data to the smart contracts) as a bridge between the real world and the blockchain.Source + Source
ETHER
it is a peer-to-peer distributed file system that seeks to connect all computing devices with the same system of files. the interplanetary file system (ipfs) is a hypermedia distribution protocol, addressed by content and identities. Source + Source


HYBRID POS/POW
in this method, a balance between miners and voters (holders) may be achieved, creating a system of community-based governance by both insiders (holders) and outsiders (miners). a hybrid pos/pow allows for both proof of stake and proof of work as consensus distribution algorithms on the network. Source + Source
IPFS
it is a peer-to-peer distributed file system that seeks to connect all computing devices with the same system of files. the interplanetary file system (ipfs) is a hypermedia distribution protocol, addressed by content and identities. Source + Source
ORACLES
oracles work (by providing data to the smart contracts) as a bridge between the real world and the blockchain.Source + Source
ETHER
ethereum blockchain is used to pay for transaction fees, miner rewards and other services on the network and this is the native token of the ethereum blockchain. Source + Source

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