While the Internet was created for decentralized P2P communication, most popular services in use today are 100% centralized.
Cryptocurrencies have brought renewed interest into research and development of truly decentralized communication technologies.
Here we take a look at cryptocurrency-related communication projects, technologies and concepts.
Gese: Watch What You Drink
The current Gese website seems to be unrelated to the project described in this announcement.
The original Gese Twitter account is also no longer active:
Honeybox: Changing Your Internet Forever
This project has been abandoned. All Tweets have been deleted and the profile shows a generic image:
The project's website is also no longer available.
ELI5: Paradigm and Deribit OTC trading
Paradigm is a new chat platform that aims to take over from Telegram as the de-facto cryptocurrency chat/trading platform.
Telegram's success in the crypto community was organi...
Proof of Elapsed Time (POET) Summary [Cryptocurrency consensus mechanisms]
In this poetically named consensus mechanism, network participants prove that they have slept for a random amount of time before being able to mint a block. POET was released by Intel in 2016 and was originally aimed at trusted computing using Intel CPU’s. A special instruction set called Software Guard Extensions (SGX) allows programs to […]
Proof of Burn (PoB) Summary [Cryptocurrency consensus mechanisms]
In the Proof of Burn (PoB) consensus mechanism, miners earn the right to mint the next block by burning some value in the blockchain. All proof systems are based on the principle that minting a block must incurr in some cost, otherwise fraudsters could inject invalid transactions into the blockchain. Bitcoin achieves this by making […]
ELI5 Proof of Stake (PoS) – How does PoS work?
In the cryptocurrency universe, Proof of Stake (PoS) is an alternative to the Proof of Work (PoW) consensus mechanism. How PoS Works While PoW guarantees that each network participant has performed a certain amount of work in order to receive a reward, Proof of Stake requires participants to prove that they are willing to guarantee […]
Proof of Activity (PoA) Summary [Cryptocurrency consensus mechanisms]
Proof of Activity (PoA) is a cryptocurrency consensus mechanism which combines Proof of Work (PoW) and Proof of State (PoW) into a hybrid mining system. In a PoA system, validators begin by applying a Proof of Work stage to block headers until they find a desirable hash. The block headers are then passed onto a […]
Concepts In This Page
A process or system by which multiple parties are able to reach consensus. In the context of cryptocurrencies, it's the process which allows for everyone to agree on everyone else's money balance. E.g. Bitcoin employs Nakamoto consensus via PoW mining.