Articles of poc

The funds were cheated under the name of the public chain. Where is the way out for the public chain?

This is the best era, and it is also the worst. 2018 is known as the first year of the public chain, and there are about hundreds of public chains in the world to compete. Road shows, summits, meetups, and public chain markets are in full swing. With the slump in the price of the […]

Interpretation: Is it really possible to create the “root of trust” in the blockchain?

Blockchains are often associated with the word "trust." The blockchain realizes point-to-point transactions by decentralizing distributed accounting, thus solving the current social trust crisis. Often said: "The Internet solves the problem of information transmission, and the blockchain solves the problem of value transmission." When people start to exalt the banner of "decentralization, non-tampering, and protection […]

Interpretation: Do you really understand decentralized collaboration?

“Decentralization” is perhaps the most frequently mentioned phrase in the blockchain, but it seems that it is not particularly clear. In the article "The meaning of decentralization" published by Ethereum founder V God in February 2017, the meaning of decentralization is elaborated. He believes that the centralization and decentralization of computer software should be distinguished […]

Interpretation: The road to energy saving and emission reduction, from PoW to PoC

The power consumption of 64 billion kWh has exceeded the annual electricity consumption in Switzerland; Under the 28TH/S standard calculation power, it can run continuously for 24 hours, and the consumption per day can reach 38 kilowatts, which is about 3 times of the electricity consumption of ordinary households; 0.00111412 BTC, which is the number […]

Analysis: Why is Lava's "Flint Mechanism" an upgraded version of staking?

Staking (interest pledge) is no stranger to those who are active in the mining circle this year. It has set off a new wave of “everyone mining” and has also brought PoS back to the center of the stage. The rise of Staking is largely due to the fact that the current market conditions are […]

Viewpoint | Is the exchange the only way out for the project?

PGS is on the line of Matcha Exchange, and the price has risen 63 times. It has become a project of earning enough eyeballs after the resonance of the VDS. The team claims to be "not doing things, only pulling the plate." As it turns out, he really did. The K-line, which has risen for […]

Is it true and false? Teach you how to tell what is true PoC

In 2014, the consensus mechanism of PoC (Capacity Certification) was formally proposed, initially applied to Burst's project. All miners get the rewards by packing the blocks by searching for the correct hash value by storing the data themselves. At first, PoC did not attract widespread attention. At that time, everyone's attention was focused on how […]

Lava open source opens a new era of PoC ecological development

In 2009, the birth of Bitcoin, Nakamoto wanted to develop a new decentralized cash payment system, no longer need a center to book, everyone has the right to book, the entire book is completely open The concept of transparency and decentralization has also arisen. Nakamoto also published the Bitcoin project code in the community, and […]

Big analysis of mining concept: How should we treat the problem of "double digging"

1. The technical principle of double digging Double digging (multiple digging) means that for a currency using a proof of work (such as PoW, PoC) consensus mechanism, a mining operation can achieve effective simultaneous outbound and outbound in two or more currencies. Block rewards. The double-excavation principle in the PoC consensus mechanism is similar to […]

Lava Interpretation: All PoC projects are very different

PoW, PoS, DPoS… I think these consensuses are more or less understood by everyone. So, how much do you know about the PoC that is the loudest on the market today? PoC is the Proof of Capacity capacity certification mechanism. It works very well compared to PoW. The miner first writes a large number of […]