Category: Allgemein

EPoSe (Egalitarian Proof of Service), simple diagrams [Medium]

EPoSe is the next generation of PoW with the concept of egalitarian rewards based on node’s service period, not how many blocks found. — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — If…


EPoSe (Egalitarian Proof of Service), reducing blocktime and increasing throughput of transactions without creating forks [Medium]

As mentioned in the previous medium posts, EPoSe is a hybrid consensus that requires node’s mining and verification operations like any other blockchains. Through implementing EPoSe consensus, QWC blockchain will be able to accomplish one of the ultimate goals, reducing blocktime and increasing throughput without jeopardizing blockchain’s stability by preventing forks. I am going to…


EPoSe (Egalitarian Proof of Service), Reward System [Medium]

This article is about the reward system of EPoSe. EPoSe reward system is based on a node’s uptime(continuous service time). Individuals will be providing node service and mining operation to QWC network through CLI client. To be more egalitarian than exisitng PoW and PoS, you neither need to have a huge hashrate to earn massive…


EPoSe (Egalitarian Proof of Service), a new consensus mechanism [Medium]

PoW (Proof of Work, mining using CPU, GPU, FPGA or ASIC), PoS (Proof of Stake) and DPoS (Deligated Proof of Stake)are common consensus mechanisms used for decentralized networks and a way to provide incentives to the participants in cryptocurrencies. PoW, PoS as well as DPoS consensus mechanisms are vulnerable to centralization. Please visit the following…