Let’s save the world through the internet for the first time in the history of humanity, we can use smart, programmable and decentralized money. this has seismic implications. forcing transparency to governments, disrupting bank monopolies, democratise the stock market, and dramatically reduce the cost of sending money. today more than 6 billion people are excluded from the most basic financial services, they don 't have credit, medical insurance or access in the internet economy.
however we can solve that. …show more content…
No one has direct control
And no one can deny or froze funds. the blockchain is a public ledger of all transactions that have ever occurred in the protocol since its creation. this works by bundling new transactions into blocks and attaching them to older blocks and these to even older blocks until it reaches the genesis block, creating one reliable tamper proof fossil record. Bitcoin can solve deeply rooted social problems, in this case the elimination of the human parasite from the financial world and replace it with incorruptible math code.
were you born in the mountains and no one knows of your existence? no Social security or ID? no problem you can use Bitcoin to make and receive payments, get loans and use other sophisticated options.
why to like a photo of starving kids when you can send them money …show more content…
that’s concerning because centralization looms close. Blackcoin is the first currency to fully migrate from proof of work to an alternative system. proof of stake allows people to process transactions with their blackcoins, now users maintain the network in every sense of the word by using a software compatible with your home computer. in compensation blackcoin owners obtain roughly a 1% return per year.
Blackcoin’s success is not dependent on Bitcoin’s failure, that is not the point, when we succeed mining will be completely redundant and that’s a good thing. we are aware that the proof of stake concept has to be exhaustively tested and more importantly continuously developed to bring new possibilities to the technological space.
The Blackcoin Foundation supports projects of all kinds, developmental, educational and promotional that have taken blackcoin to the spotlight.
And numerous development groups are working on independent projects that are increasing the usefulness of blackcoin.
in just a year, blackcoin’s proof of stake has experienced 2 major updates: Protocol v2 and v3 addressing fundamental concerns to the security of the code and necessary
however we can solve that. …show more content…
No one has direct control
And no one can deny or froze funds. the blockchain is a public ledger of all transactions that have ever occurred in the protocol since its creation. this works by bundling new transactions into blocks and attaching them to older blocks and these to even older blocks until it reaches the genesis block, creating one reliable tamper proof fossil record. Bitcoin can solve deeply rooted social problems, in this case the elimination of the human parasite from the financial world and replace it with incorruptible math code.
were you born in the mountains and no one knows of your existence? no Social security or ID? no problem you can use Bitcoin to make and receive payments, get loans and use other sophisticated options.
why to like a photo of starving kids when you can send them money …show more content…
that’s concerning because centralization looms close. Blackcoin is the first currency to fully migrate from proof of work to an alternative system. proof of stake allows people to process transactions with their blackcoins, now users maintain the network in every sense of the word by using a software compatible with your home computer. in compensation blackcoin owners obtain roughly a 1% return per year.
Blackcoin’s success is not dependent on Bitcoin’s failure, that is not the point, when we succeed mining will be completely redundant and that’s a good thing. we are aware that the proof of stake concept has to be exhaustively tested and more importantly continuously developed to bring new possibilities to the technological space.
The Blackcoin Foundation supports projects of all kinds, developmental, educational and promotional that have taken blackcoin to the spotlight.
And numerous development groups are working on independent projects that are increasing the usefulness of blackcoin.
in just a year, blackcoin’s proof of stake has experienced 2 major updates: Protocol v2 and v3 addressing fundamental concerns to the security of the code and necessary