What Is A Cluster Economy And How Is It Different Than A Blockchain?

in blockchain •  last year 

What Is A Cluster Economy And How Is It Different Than A Blockchain?

DICE, the next-generation cryptocurrency is a new and a universal platform for businesses to raise funds through crowd-supported cryptocurrency mining. DICE aims to provide users with an alternative to the Fiat currency; while replacing the ICO funding model with a more cost-efficient IDO model where any business can raise funds without incurring huge costs.

Unlike the present Blockchain system, DICE combines the properties of both cryptocurrencies and traditional money while eliminating the limitations of both. Based on a different operational model, users dealing in DICE find the deals way similar to the real-world work that brings a secure and a confidential virtual handshake that is verified by a witness.

The “Cluster Model” Economy of Dice

DICE, for the first time in the crypto world, introduces the “Cluster Model” economy wherein, a large number of unconnected peers, known as operators (in the ecosystem) work within a singular global network. The Operator, in theory, is a business entity that is responsible primarily for the validation of DICE units and maintaining a database of every valid DICE units associated with a particular operator. Unlike the typical Blockchain architecture, where a single ledger is maintained......

Continue reading here......


Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

@tolut, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!

Thank you in advance!

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in: