Topic: GODcoin - Proof-Of-Stake (Read 135 times)
Pass. Your whitepaper makes no mention of the actual staking reward. That part about bonds is confusing. How much does a bond cost? Your whitepaper needs a lot more detail. No one is going to invest in this unless you go into a lot more detail.
Well, I'll buy into your project only if you can prove that god is real and you can convert me from being an atheist.
Oh wait. You can't.
Seriously this is why I hate religion in our society, it always excludes people not following that religion. One of the reasons I like bitcoin is because it doesn't have "In God We Trust" written all over it.
In fact the only motto of bitcoin I remember is Vires in numeris.
Oh wait. You can't.
Seriously this is why I hate religion in our society, it always excludes people not following that religion. One of the reasons I like bitcoin is because it doesn't have "In God We Trust" written all over it.
In fact the only motto of bitcoin I remember is Vires in numeris.
How did you come about that coined name, "GodCoin". I am so curious about this and i would like to know if God has a coin.
Well on a lighter mood, the ICO does not seem to be well planned. I checked through your website and was looking for a telegram channel, but could not find.
You have other social media though, but i think that is not enough.
I just hope your project won't be like the Jesus coin and Faith coin that i once knew.
Well on a lighter mood, the ICO does not seem to be well planned. I checked through your website and was looking for a telegram channel, but could not find.
You have other social media though, but i think that is not enough.
I just hope your project won't be like the Jesus coin and Faith coin that i once knew.
Looks like nobody is interested in your coin. You will need a huge marketing effort to survive in 2018, doesn't look like you have much of a marketing budget based on the quality of that promo image.
Also, God doesn't exist. Despite the allusions your project name makes.
Also, God doesn't exist. Despite the allusions your project name makes.
The intention is to be more energy and time efficient. This will save on overall costs, and will be more transaction-friendly to the consumer.
Blocks will be produced through a process called minting. In decentralized systems, there are multiple nodes on the network producing blocks. An algorithm needs to be in place to reach consensus on which block is added to the network. Without a consensus algorithm in place, nodes will keep forking the blockchain in favor of its own blockchain. This results in either a completely centralized system or a useless distributed network.
GODcoin will use the Proof-of-stake consensus algorithm for the minting process. This presents a couple significant advantages, transactions will be processed quickly and energy efficiency is drastically improved over the commonly used Proof-of-Work. Minters will be able to run a node on resource constrained systems provided there is adequate disk space.
Check out More information:
https://www.godcoin.gold
Blocks will be produced through a process called minting. In decentralized systems, there are multiple nodes on the network producing blocks. An algorithm needs to be in place to reach consensus on which block is added to the network. Without a consensus algorithm in place, nodes will keep forking the blockchain in favor of its own blockchain. This results in either a completely centralized system or a useless distributed network.
GODcoin will use the Proof-of-stake consensus algorithm for the minting process. This presents a couple significant advantages, transactions will be processed quickly and energy efficiency is drastically improved over the commonly used Proof-of-Work. Minters will be able to run a node on resource constrained systems provided there is adequate disk space.
Check out More information:
https://www.godcoin.gold
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