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Showing posts with the label bitcoin

Stellar Consensus Protocol: The PI Network Block chain

The developers of the Pi Network have created a new algorithm to validate the transactions, called the Stellar Consensus Protocol. (SCP) was architected by David Mazieres a professor of Computer Science at Stanford who also serves as a Chief Scientist at the Stellar Development Foundation.So…… All bitcoin nodes are competing against each other in solving a cryptographic puzzle. Because the solution is found randomly, essentially the node that finds the solution first, by chance, is elected the leader of the round who produces the next block. This algorithm is called “Proof of work” and results in a lot of energy consumption. Pi uses the other type of consensus algorithms and is based on the Stellar Consensus Protocol (SCP) and an algorithm called Federated Byzantine Agreement (FBA). Such algorithms don’t have energy waste but they require exchanging many network messages in order for the nodes to come to “consensus” on what the next block should be. Each node can independently determin...

PI Networks: A very promising Cryptocurrency. The Bitcoin of the future. It is not a SCAM

PI Networks is a very promising crypto currency developed by PhD's from Stanford University. Most crypto currency developers develop the crypto currency first, then create a community to utilize their coins. In contrast to this practice, PI Networks is the only crypto currency where the developers focused in building the community first, which at the time of this writing has exceeded 12 million active pioneers. PI Networks started as crypto currency project in March 2019, by the PI Core Team (PC Team) which composed of Professors and Graduates of Stanford University;  anthropologist Chengdiao Fan , computer scientists  Nicolas Kokkalis  and  AurĂ©lien Schiltz , and business major  Vince   McPhilip . PI Networks aim is to make cryptocurrency accessible to all people no matter what their statuses are. It allows mining PI Coins via Mobile Phone. as of the time of this writing, PI Network Main Net has not released yet, but its community has grown to more than ...

Better AdSource to migrate from Paid to Click to Bitcoin Faucet reward system

Goodbye Paid To Click SYSTEM HELLO BITCOIN FAUCET It's all done... Just need some testing... and impose a li'l bit more of security before funding the wallet and it will go Green... www.betteradsource.com/btcfaucet/index.phpOur Bitcoin Faucet...Next will be Ethereum Faucet, then XRP Faucet... After all three faucets goes live, the development and deployment of our own ERC-20 based token will took place, while we draft our own coins... Hmmm Such a big dream for a small dreamer like me...