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Problems & Solutions.
Creative solutions for even the most sophisticated issues.
Proof of Work
Bitcoin’s method of verifying transactions, has been criticised for the hardware arms race it has created and the energy consumption it needs to maintain the Bitcoin network.
Proof of Stake
This is such a difficult problem but is not insolvable. Through discussions, an alternative, known as Proof-of-Stake, has been proposed which addresses some of these problems.
There is concern about the economic effects of bitcoin reaching its final supply and the detrimental effect of removing inflation. When there is no inflation, how can blockchain operate?
Whilst banks can print money irresponsibly; quantitative easing, when used properly, is a useful tool for maintaining a healthy economy. This can make it up to a certain extent for the shortage.
Like anything else digital, the blockchain is a file. As more and more transaction blocks are added to it, the file grows in size. The blockchain is already a few gigabytes in size and growing.
This presents a scaling problem, making full bitcoin clients, which download the entire blockchain, difficult to run and even more difficult to create. Compressing might be effective for solving this.
Token Sales Insights.
Read analyses from experts and specialists in cryptocurrency
Start Date:March (exact date TBA)
End Date:18 days after start date
Soft Cap:€ 4,280,000
Hard Cap:€ 14,820,000
Minimum Contribution:€ 50
Maximum Contribution:€ 25,000
Accepted Currencies:NEO, GAS
Maximum Supply:650,000,000 tokens
Token Sale Percentage:40%
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