Post
Topic
Board Announcements (Altcoins)
Re: -DollarBit (Bitcoin 3.0) PoQ algorithm-
by
DollarBit
on 18/01/2018, 23:43:07 UTC
Please more info about CryptoBank and Mining Pool

The paradigm shift comes in many forms, but none so in the name itself--CryptoBank. For too long, cryptocurrencies focused on transactions, and looking for ways to improve the speed and volume of transactions. For all the progress made, no cryptocurrency can attain the frequency necessary to compete with electronic payments giants. For that reason, we contend that focusing on other aspects of blockchain technology like anonymity and more secure storage is a more viable solution than the now conventional focus on transactions. DollarBit CryptoBank was inspired by the Swiss Banks that were always considered the paragons of privacy and security, but with blockchain technology, there is an opportunity to give every participant a personal secure, anonymous storage for electronic cash. Participants can still execute transactions, but we believe that storage comes first, mining second, transactions third.

Mining is an essential part of maintaining the integrity of any blockchain network, and mining is a vital component of the Qp(more information to come later). With the introduction of  Qp, miners have an incentive to maintain their participation. The mining interface will be simplified, and you will be able to mine individually or with a pool.

/thx/

it_franklin
www.dollarbit.org