Day: September 27, 2018

Proof of Stake (PoS)

September 27, 2018

Just like proof of work, proof-of-stake is a mechanism designed for deciding who gets to validate the current block and achieving consensus between the network’s nodes on what data is valid. The proof-of-stake consensus mechanism was first suggested on the Bitcointalk forum in 2011. Sunny and Scott proposed the method of staking- where an algorithm would […]

GIGZI Review

September 27, 2018

Gigzi is a modern financial system that tackles the three challenges of cryptocurrency investments; hyper-volatility, account security and wealth diminishment. By harnessing the relative constancy of precious metals and utilising world leading iris recognition technology, Gigzi provides investors with stability, security and wealth protection. The ecosystem is supported by three core applications: a Wallet, an […]