We are used to thinking about "proof-of-work" and "proof-of-stake" as the optimal method for blockchain consensus mechanisms, but there are other ways that blockchain implementations deal with the confirmation and double spending issues. Specifically, in this article, we are going to explore how "Proof of Burn" (PoB) is working out for a cryptocurrency called Counterparty (XCP).…
In parts one and two of our series on decentralized application blockchain platforms (dApps) we examined the dominant players in the space as well as those that, due to advanced features, could rise to become leaders. In this third segment, we will examine dApp platforms that offer unique, groundbreaking, and cutting-edge features. These systems are…
NXT, BitShares, Waves & Counterparty: Price Speculation
NXT has been doing great against the USD in the last months. Several consecutive upswings brought it above 0.02 USD / NXT. However, reaching these prices brings it closer to a dumping point. June to October charts in 2016 show a 5x rise and fall on NXT. There is…