The Proof of Stake system does not provide a way to distribute coins at the initial, founding phase of a cryptocurrency. So, cryptocurrencies that use this system either begin with an ICO and sell their pre-mined coins, or begin with the Proof of Work system, and switch over later.
How The Bitcoin ATMs Work and Their Advantages
Many people are probably dazzled why virtual money like Bitcoin should have an ATM. Besides, others are also asking whether the machines do dispense cash. This article provides answers to these questions and many more. Well, the answer is very simple, Bitcoin despite being an electronic currency it also trades against fiat currencies. This means […]
The world's first professional fantasy football league uses blockchain technology
A serial entrepreneur wants to create the world's first professional fantasy football league, and he thinks the blockchain -- yes, the blockchain -- is the best way to keep everyone honest as they compete for real money.
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