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Strategies & Market Trends : Blockchain and Cryptocurrencies -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (1005)	10/9/2018 9:04:18 AM
From: Graystone	Read Replies (1) \| Respond to of 7699

Whitepapers or Working Right now the only blockchain technologies that work are in whitepapers or in crytpocurrencies. It is far harder to write a consensus algorithm that works than it is to have a competitive algorithm. I will stick with bitcoin and cryptocurrencies for now. Frank has mentioned "Cardano". Cardano (ADA) claims they have created the only provably secure consensus algorithm. I am not sure where blockchains are actually working in any other scenario, but bitcoin works today. The miners mine for the reward, not altruism. They are attracted to bitcoin mining because the chain has never had an issue, it works as intended. It doesn't scale, but it works.