Skip to main content

Bitcoin Explained - What is Bitcoin in Simple Terms? [ Explain Like I'm ...

Comments

Post a Comment

Popular posts from this blog

MY UPDATED CV

Lukman's resume JIMOH, LUKMAN ADEYEMI A passionate web and blockchain application developer,a technical writer,economic/business analyst,problem solver and team player.     4, Jamiu Odusote Street Off Gbasemo,Aga,Ikorodu     (234) 809-583-2306      jaylukmann@gmail.com EXPERIENCE Javascript Developer(Merge Project) September 2020 - Till Date Chainlink Hackathon 7TH September 2020 - 27TH September 2020 Dexcrow project Prizes: Runner up prize and ENS prize &nbsp&nbsp view prizes Use dexcrows Project: https://github.com/Jaylukmann/dexcrow-contract Project: https://github.com/Jaylukmann/dexcrow-webclient Global Law Hackathon(Lagos) January 2020 - February 202
Post a Comment
Read more

THE UNIQUENESS OF BLUZELLE TECHNOLOGY (PART 2)

              In order to ensure further security, the bluzelle network makes use of Proof Of Stake (POS) consensus mechanism where nodes stake the bluzelle native token(BNT) and receive network fees in form of   BNT as an incentive for maintaining the network.(for a step by step description on how to stake on the bluzelle platform,read my other article here ).   However, the entire network nodes do not need to reach a consensus before data can be retrieved because there is no single state on the network, rather the consensus model is applied on a swarming level ensuring that the swarms of node storing data each reach a localized consensus using the custom bluzelle proof algorithms.           In addition to the above, the bluzelle platform created an incentive-disincentive system called the karma index. The karma index is a score that describes how well behave a producer is. A producer is a client that is allowed to own and run one or more nodes. A producer’s karmic index increase
Post a Comment
Read more