ELI5 : What is Proof of Trust (PoT) ELI5 : What is Proof of Trust (PoT)
Proof of Trust is a consensus mechanism where users "stake" the trust they've earned in a network in order to verify cryptocurrency transactions. In a proof of trust system, users will earn a virtual value called "trust" every time they acquire a role in the ecosystem. A highly trusted node will be able to verify transactions that are of lower value than the trust this user has gained. A node with low trust will only be able to verify transactions lower than their equivalent value. How trust is conver... This data was obtained by us on 2018-11-18 13:18:37.

Summary of cryptocurrency consensus mechanisms Summary of cryptocurrency consensus mechanisms
There are currently two mainstream consensus mechanisms used by cryptocurrencies: proof of work and proof of stake. But other consensus mechanisms also exist and others are being researched. Here we present a short summary of each consensus mechanism. It should be noted that all consensus work based on the same idea: it must be more expensive to defraud the consensus than the potential rewards presented by the block reward system. How exactly this is achieved is what differentiates each consensus mechani... This article was first found by us on 2018-11-18 13:15:23.

Geon: Geon Coin and Geon Network - Expand Reality Geon: Geon Coin and Geon Network - Expand Reality
Geon Network is built on top of a new generation blockchain and adds a thin service layer responsible for transaction optimization and batching. In addition, we introduce a new concept called geomining, which is based on proof-of-location and allows users to ‘mine’ a cryptocurrency based on their geolocation, rather than using expensive mining equipment. Geon Network is a platform that will deliver a new class of applications based on geolocation. We believe there are many industries across the world t... This post was found by us on 2018-11-18 13:11:09.

COTI: Fin Tech Company that is Building a Base Protocol COTI: Fin Tech Company that is Building a Base Protocol
COTI, Currency Of The Internet, presents users with a scalable and user-friendly cryptocurrency by using an innovative base-layer protocol in the form of a directed acyclic graph-based ledger, built from transactions  connected through time, by harnessing trust-based algorithms. Trust should be based on a combination of the network participant‘s historical behavior data and objective information about them. COTI takes this into consideration, calculating trust using a unique machine-learning algorithm. Tr... This post was found by us on 2018-11-18 13:06:58.

Patentico PTO Token: Funding Intellectual Property Patentico PTO Token: Funding Intellectual Property
The goal of Patentico is to create an open, reliable and convenient platform for successful international commercialization of Intellectual Property. The blockchain ecosystem Patentico will store the objects Intellectual Property, and their authors may receive investments from all over the world thanks to the built-in platform crowdfunding. The Patentico platform runs on PTO tokens and their holders will receive part of the profit from the sale projects in the Patentico ecosystem. Global changes in th... This entry was retrieved by us on 2018-11-18 00:02:47.

What is cryptocurrency geomining What is cryptocurrency geomining
Geomining is a cryptocurrency consensus mechanism where the participants' geographic locations are used as proof of value. Though the concept may seem vague at first, it is actually very powerful, especially in cryptocurrency networks where users' locations are important. Let's take a look at  a practical example to try and make the concept clearer. Geomining Use Case: Geon Coin For example, in the Geon Coin network, users' location is used to mine cryptocurrency. When located near a Geon (a vir... This post was first found by us on 2018-11-17 22:32:38.

WOM Token: The Future of Marketing is Ad-free WOM Token: The Future of Marketing is Ad-free
The WOM Protocol, which is based on blockchain technology, will enable brands to access genuine word-of-mouth recommendations. The WOM Protocol will provide a way to reward creators for their product-referring content without compromising consumer trust in the content and its creators. WOM Token Ltd. will launch a Token Generation Event (TGE). The purpose of the TGE is to finance the creation of the WOM Protocol and to bring immediate value to the WOM Token. WOM Token Ltd. (WOM Entity) will act as an ini... This item was retrieved by us on 2018-11-17 17:49:44.

Cravy CRV Token: Uber for Food Cravy CRV Token: Uber for Food
Cravy is cloud + mobile platform, that is intended to solve the food wastage problem, which makes up over 5o% of world's total waste. The largest contributors to the problem are the hospitality and catering industries, which are wasting around 1/4 of ready-made food, which would be thrown away due to the companies' "made fresh daily" policy. Our platform will allow businesses to post last minute offers on surplus food, enabling them to increase profits and reduce their costs, while customers will save... This entry was discovered by us on 2018-11-17 12:07:52.

Blockchain bills of lading : Revolution in oil shipments and sea cargo logistics Blockchain bills of lading : Revolution in oil shipments and sea cargo logistics
After more than 200 years of the same workflow, one technology has come along which could change the oil trade forever: blockchain! Dannish sea transport giant Maersk announced, earlier this year, that they'd be joining forces with IBM to implement a blockchain solution to sea shipping. According to the announcement, over 80% of customer goods, a $4 trillion value, consumed in the world today are transported by sea. Cryptocurrency investors and startups have not overlooked this major niche and solutio... This item was first seen by us on 2018-11-16 22:57:26.

Does cloud mining pass the Howey Test Does cloud mining pass the Howey Test
The iconic 1946 SCOTUS case of SEC vs Howey established a few simple criteria for what, exactly, constitutes an investment. Quoting Findlaw directly: Under the Howey Test, a transaction is an investment contract if: It is an investment of money There is an expectation of profits from the investment The investment of money is in a common enterprise Any profit comes from the efforts of a promoter or third party Cloud mining investing is the practice of buying mining contracts from large minin... This entry was retrieved by us on 2018-11-16 22:56:00.