BITCOIN CASH (BCH) - HYBRID POS/POW - CENTRAL LEDGER - DAO -

in #cryptocurrency6 years ago


BITCOIN CASH (BCH)
it’s launch date was 1 st august 2017 to coincide with the bip148 segwit signaling activation. a hard fork of bitcoin led by bitcoin mining pool viabtc that supports ‘big blocks’ of up to 8mb and removes segwit. Source + Source
HYBRID POS/POW
also known as “dacs”. a theoretical company that could exist in the cloud and carry out business according to preset algorithms, needing no human management. decentralised autonomous organizations can be thought of as corporations that run without any human intervention and surrender all forms of control to an incorruptible set of business rules. Source + Source
CENTRAL LEDGER
a ledger that is maintained by a central agency.Source + Source
DAO
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


BITCOIN CASH (BCH)
it’s launch date was 1 st august 2017 to coincide with the bip148 segwit signaling activation. a hard fork of bitcoin led by bitcoin mining pool viabtc that supports ‘big blocks’ of up to 8mb and removes segwit. 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
CENTRAL LEDGER
a ledger that is maintained by a central agency.Source + Source
DAO
also known as “dacs”. a theoretical company that could exist in the cloud and carry out business according to preset algorithms, needing no human management. decentralised autonomous organizations can be thought of as corporations that run without any human intervention and surrender all forms of control to an incorruptible set of business rules. Source + Source

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