Tag: POS

  • Cardano (ADA) Ouroboros not a DPoS Consensus Algorithm, But a PoS

    Cardano (ADA) Ouroboros not a DPoS Consensus Algorithm, But a PoS

    ​So far, many people tend to get the fact that Cardano (ADA) Ouroboros is a DPoS (Delegated Proof-of-Stake​) algorithm wrong. For starters, the Proof of Stake (PoS) Consensus algorithm​ was created to ease the massive energy consumption issue in Proof-of-Work consensus, such as that of Bitcoin. Research has demonstrated that energy consumption in Bitcoin mining…

  • Cardano (ADA) into Interledger transactions

    Cardano (ADA) into Interledger transactions

    Cardano (ADA) into Interledger transactions According to a leading news source from the United Kingdom, IB Times, that recently interviewed the CEO and founder of Cardano [ADA], Charles Hoskinson, revealed his future plans to achieve true scalability and interledger peer-to-peer transactions in Cardano’s operations. Hoskinson aims at finding out superior ways to segregate data and…

  • OmiseGo (OMG) – Vitalik Buterin says OMG staking tokens are his favorite – 2018

    OmiseGo (OMG) – Vitalik Buterin says OMG staking tokens are his favorite – 2018

    Vitalik Buterin, Ethereum founder, said today (link below) that his favorite token model is OmiseGo’s (OMG) staking token. He expressed his opinions today on his personal Twitter account that counts an impressive 365K followers. Vitalik represents one of the strongest leaders of the crypto revolution. The reasons presented for this pick were, as quote: “*…