Neucoin Releases Whitepaper on Proof of Stake, Looks to Improve on Current Designs

Neucoin Releases Whitepaper on Proof of Stake, Looks to Improve on Current Designs

Neucoin recently released a white paper arguing that Proof of Stake (PoS) is superior to Bitcoin’s high costs, mining centralization, and ever-increasing costs of bitcoin mining hardware. Neucoin’s white paper also highlights the scalability of PoS vs. PoW. The paper argues that PoW transactions need to increase 100 times in order to maintain the current incentive for bitcoin mining. “We designed NeuCoin’s high PoS rates to reward all the early investors: they enable the development of NeuCoin’s first utility and as such are the cryptocurrency’s most valuable supporters!One of the most....


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