Proof-Of-Work ?
Start date: 11.22.2024 07:11:29 | End date: 11.30.2024 07:11:00 | Created by: MediumTeam
To gauge interest, please answer yes if you are for POW, and no for against. Currently we are building Test-Net around a POS model. We are open to ideas !
Votes
Current Results
The Medium team has decided on continuing to implement a POW/POS model using the GhostRider hashing algorithm ! While we focus efforts, a tradeable Medium token will be released on the Zether (ZTH) network in January to accommodate trading across exchanges in the mean-time. The Max Supply on main-net will bet 150,000,000 coins. We are offering 1.5% of that supply as a pre-sale here on mint-me. The 1,500,000 coins available for purchase on here will remain available until Medium is tokenized in January, and any that are not sold will be burned. Any holders will be supplied with their 1:1 Medium Token on the Zether network when deployed. Once tokenized, we will offer 2 more pre-sale rounds at a higher offering price. You can learn more about Zether on their website : https://zether.org/ Happy Holidays !
Medium is working hard to bring a POS/POW hybrid base-layer blockchain that can communicate with other block-chains instantly ! Lets break the language barrier !
We are mostly focusing on testing with the Ghostrider Hashing Algorithm ( originating from the Raptoreum Block-Chain ) for its resilience and efficiency. We feel CPU mining could obtain more geographical decentralization. Feel free to share your opinion on ideal hashing algos and why !
After analyzing best methods for decentralization and maintaining the chain security that comes with it, Medium is currently looking at adopting a Proof-of-stake model along side Proof-of-work to process blocks. Here's to keeping crypto seamless and accessible !
As we continue building a platform to make all crypto blockchains seamless with one another, we hope you enjoy your turkey !
Hope everyone had a great weekend ! One to making a better future !
Head over to Medium and claim your FREE MEDIUM TOKENS through tomorrow!
@ChainCodeJunkie has joined the Medium team to assist with core wallet deployment, and to help with evaluating potential benefits of the chain staying POS, or moving the Test-Net to POW. Having a team member with previous success in POW block-chain projects helps us stay on top of the game ! We are currently evaluating POW algorithms. For CPU mining we are looking at the GhostRider hashing algorithm. For GPU we are looking at KawPow. Feel feel to let us know how you feel about CPU vs. GPU ! Don't Forget, AIRDROP is live this weekend ! get your first free MEDIUM tokens !
Medium is hosting a Air-Drop over this weekend ! Head over and claim your free first Medium tokens ! https://www.mintme.com/token/Medium/airdrop DONT FORGET TO VOTE IN THE POLL!
