Post
Topic
Board Announcements (Altcoins)
Re: -DollarBit (Bitcoin 3.0) PoQ algorithm-
by
J@soN
on 13/01/2018, 07:21:25 UTC
Proof-of-Q (PoQ) is an evolution of the Proof-of-work (PoW) algorithm, expanding on the original concept by introducing the Participation Coefficient (Qp). PoQ embraces the egalitarian principles established by Satoshi Nakamoto and aims to ensure system-wide stability and network balance by incentivizing the participants to maintain continuous participation in the network using several weighted metrics in addition to the computationally intensive puzzles in order to validate transactions and create new blocks (mining) such as the frequency of the participant's transactions, and the time a participant spends in the cryptocurrency blockchain network etc. In PoQ-based blockchain, the participant with a higher Qp is more likely to be chosen as the creator of the next block and have their transaction processed first.

More information coming soon...

/thx/

#it_hamilton

www.dollarbit.org
Ok let me guess this is ico right? I hope i'm wrong, how to get some of this coin then?
ICO, mining, airdrop?






Fortunately, you are wrong Smiley  This is not an ICO. No airdrop. DollarBit will be mined.

/thx/

#it_hamilton
www.dollarbit.org
Ha! Great news then. But still need more info how to mine this coin and when you plan to launch?