Your white paper is filled with plagiarism. You've quoted at least 4 different sources and mixed them together, probably would have been faster just to write your own content.
For example, from
your whitepaper:
Concept: Higher mining difficulty
Bitcoin mining difficulty is adjusted, every blocks to remain at roughly 10 minutes per block. As more mining capacity is brought online, the difficulty increases accordingly. Thus difficulty increases proportionally to the increase in computing power of the network. The mining difficulty of both Ether and Bitcoin has increased exponentially since their respective genesis blocks.
This trend will likely continue as adoption keeps increasing. Therefore, digital currency miners will have to constantly acquire more powerful mining equipment. The times where everyone could mine Bitcoin with his/her
personal computer are long over.
The rising mining difficulty has forced miners to keep buying new and more powerful mining equipment. The problem is that these super-computers are also very expensive, creating a significant barrier to entry that only those with deep pockets can overcome. Mining benefits greatly from economies of scale, which further limits the ability of small-time miners to be competitive.
Because of this, mining has become heavily centralized. AntPool claims to be the largest crypto-currency cloud mining company in the world, controlling 15.5 percent of the hash power of the Bitcoin network. Most mining
companies are located in China due to the low cost of electricity and labor.
From an
article on altcointoday.com:
Rising Difficulty
Bitcoin mining difficulty is adjusted every 2016 blocks to remain at roughly 10 minutes per block. As more mining capacity is brought online, the difficulty increases accordingly. Thus difficulty increases proportionally to the increase in computing power of the network.
The mining difficulty of both Ether and Bitcoin has increased exponentially since their respective genesis blocks. This trend will likely continue as adoption keeps increasing. Therefore, digital currency miners will have to constantly acquire more powerful mining equipment. The times where everyone could mine Bitcoin with his/her personal computer are long over.
Higher Difficulty=More Powerful Equipments
The rising mining difficulty has forced miners to keep buying new and more powerful mining equipment. The problem is that these super-computers are also very expensive, creating a significant barrier to entry that only those with deep pockets can overcome. Mining benefits greatly from economies of scale, which further limits the ability of small-time miners to be competitive.
Because of this, mining has become heavily centralized. AntPool claims to be the largest cryptocurrency cloud mining company in the world, controlling 17.82 percent of the hashpower of the Bitcoin network. Most mining companies are located in China due to the low cost of electricity and labor.
Care to explain why you've decided to copy your material word-for-word from another source?
I do not think it is plagiarism, many ICO use various definitions already present on the internet to explain the concept of a word such as: what is bitcoin? what is blockchain?
The most reasonable explanation is found and adapts to their concept and I believe yes, have been faster just to write your own content.
we waiting for a response from the team...