Quote from: anthonysobor on June 07, 2018, 07:00:57 PM

Quote from: TRICKMASTER on June 07, 2018, 08:11:15 AM

CAN YOU TELL MORE ABOUT YOUR CONSENSUS? WHAT THE DIFFERENCE?

Our own development - Proof-of-FreePower :
-Transaction is confirmed by a cluster of 8 pools. The block closes the most unloaded, so-called, on-duty pool.
- Synchronization with other pools occurs after the block is closed.
-About 2583 equal emission pools = soft x 2583 dedicated or virtual servers
-In algorithm 2 feedback loops = self-learning
- Fixed algorithm of rewarding = 2.5 VNN per day per each pool

We use our own Proof-of-FreePower consensus algorithm, where pool owners only generate the work of the blockchain for what they actually receive award and do not participate in the development of the network. Let me remind you there are just 2583 pools, restrictions - 25 pools to just one man (≈1%) and 250 pools per country.

But we're talking about a council which is empowered to make decisions about the future development of blockchain, in our case, there are Arbitrators, they are also Notaries are appointed of their own free will, but not more than 2 per country / region. Any of this for you not to wake up one day and find out that VNN is already Chinese. In order to become an Arbitrator / Notary, you need to have more than 500 VNN in your wallet, know English and meet several simple criteria. But all the sauce is that it does not matter how many coins in your wallet, the minimum 500VNN or 1.000.000VNN, when making decisions your votes are equal, and all this is on Blockchain. Well, naturally in our Blockchain, decentralized.

Thanks.