How exactly is Proof-Of-Stake implemented?
Recently after Ethereum decided to shift to Proof-Of–Stake from Proof-Of-Work, it has garnered a lot of attention. It has emerged as a great alternative to the tradition; a Proof-Of-Work system. Being more energy efficient, lesser time consuming has made it an excellent choice. Before heading further, let us have a quick view of Proof-of-Stake….
Proof-of-Work versus Proof-of-Stake
Cryptocurrencies, one of the most searched words on any search engine has something more to it. In this blog, I will be highlighting about Proof-of-Work and Proof-of-Stake. What is the difference between the two and brief overview on the same? Before getting into the details of PoW and PoS, let’s understand quickly about mining. What…
How to Launch an ICO?
We have heard a lot about cryptocurrencies and blockchain in 2017, its time to discuss the term ICO. It’s a popular way to raise funds for cryptocurrencies projects and Blockchain industries. What is ICO? ICO or Initial Coin Offering is also known as crowdsale. It is a way that the companies raise funds for its…
What are the alternative strategies for Proof-Of-Work?
There has been a lot of buzz in the market about Blockchain and allied services. Cryptocurrencies have been the hot selling property. Since these work on a global platform, there is a need for a safe and efficient Consensus Algorithm which is also safe. What is Consensus Algorithm? It is similar to Proof-Of-Work (POW) for…
Blockchain Use Cases for Insurance Companies
The use cases address improvements in blockchain and therefore insurance company’s operational functions as well as dealings with providers, intermediaries, and policyholders, thereby improving the customer experience, enhancing product value, and laying the groundwork for greater consumer choice in the market. The end game is to decrease costs, improve operational effectiveness, and strengthen relationships with the…
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