Post
Topic
Board Announcements (Altcoins)
Re: 🔥[ANN][BTCU] Bitcoin Ultimatum - a new-generation Bitcoin fork 🚀🚀🚀
by
BTCU_official
on 07/10/2021, 13:52:55 UTC
☝️ In our previous post, we went through how important decentralization was. And why it was an aspect we favor here at BTCU.

🔹️ Today we're going to briefly talk about consensus algorithms, and how they play a role in said decentralization.

😤 Generally, since only small percentages of coins are mined and the profit for full nodes holders in PoS is small the network becomes vulnerable. The main thing to deal with this issue is by assigning mining authority to another person, which in turn ends up just making the system centralized, instead of decentralized the way we need it.

👍 This is where new consensus algorithms come into the picture. These processes have the power to solve the issue at hand and bring it back the oh-so-needed decentralization and just make things generally quicker.

🚀 BTCU is aiming for a roof of 10000tps by its implementation of PoA- algorithm of transaction as well making its consensus.

🔹️ The Ultimatum PoS (UPoS) is a combination of Leased Proof of Stake (LPoS) and Proof of Authority (PoA). This concept allows it to have to best out of each world there is and create a perfect algorithm. Higher transaction speeds, low and invariable commissions, full decentralization, and more. You name it, UPoS most definitely got it.

💙 All of this was specifically made to give BTCU's users the best there is, and enjoy blockchain to its fullest extent without worries.