BlockchainI have nothing against the mining and the PoW algorithm for the confirmation of transactions in blockchain, but from the beginning this technology did not take a root ideologically in our project. For the illusory “increase of the value of records in the distributed register” the users of blockchain pay the commissions to a huge number of fans of simple solutions (mining farms), spending the computing power and energy on the tasks that can be successfully solved without them, using much less resources. The proof-of-stake (PoS) algorithm is, in my opinion, a much more advanced technology, but it also has the weakness to impose the payments for the blockchain on ordinary users in the form of network fees.
We expect the blockchain to be more simple and practical. In our coordinate system, the main place is given not to the miner / producer / validator and his desires, but to an ordinary user of the blockchain — an investor, a programmer, an ideologist, an expert and a beginner — from any sphere of activity. We don’t think outside of crypto sphere, but we think the “crypto sphere”. Crypto sphere must be convenient and useful to the common man.
We have identified the project EOSIO based on the DPoS algorithm for many reasons (this is a separate big question and we do not speak about it now). The free license and open source gave us the opportunity to make a legal fork of the EOS blockchain and start the practical implementation of our idea. We began a painstaking and very time-consuming process. But we had the main thing — a team of like-minded professionals: the ideologists, programmers, designers and marketers. And although there were no professionals among us in the field of “presentation”/ ”sale” of blockchain projects, we did not need them at that time. We decided: first the product, and everything else will be later.
You can get more information at the site
https://coffe.io/