Voting pool
Mine pool refers to:
as the computing level of the whole bitcoin network continues to rise exponentially, a single device or a small amount of computing power can not get the block reward provided by the bitcoin network on the bitcoin network
after the computing power of the whole network has been improved to a certain extent, the low probability of getting rewards has prompted some geeks on "bitcoin talk" to develop a method that can combine a small amount of computing power and operate jointly, and the website established in this way is called "mine pool"
extended data:
the existence of the mine pool reces the difficulty of bitcoin and other virtual digital currency mining, reces the mining threshold, and truly realizes the bitcoin mining concept that everyone can participate in
but its disadvantages are also very obvious, because computing power is connected to the mine pool. As a mine pool, it will have huge computing power resources. In the bitcoin world, computing power represents the bookkeeping right, and computing power is everything. If the computing power of a single mine pool reaches more than 50%, it will be easy to launch 51% attacks against virtual digital currencies such as bitcoin, The consequences are very terrible:
the mine pool can make the mine pool with 49% of the remaining computing power have no harvest, instantly quit the competition and go bankrupt. The mine pool's computing power exceeds 50%. If 51% attack is launched, it will easily occupy all the effective computing power of the whole network
of course, voting has no direct benefits, but if we choose excellent super nodes, and these super nodes will undertake to maintain the stable operation of the EOS system after winning. With the stable development of the EOS system, the EOS in our hands will be more and more valuable, which can be said to be the indirect benefits of this voting
block.one, the company that develops eos.io software, has said that they will only release one command-line tool of eos.io version 1.0, in which users can vote. This requires users to grab a section from GitHub code base and run it on their local computer. Some community members have created their own user-friendly interface through which users can vote. For example, the one-stop voting platform developed by huocoin mining pool can directly see the candidates of each super node and vote with EOS in the exchange. The other way is to vote through the way of voting agent, and give our voting right to the voting agent, so that the voting agent can vote instead of us.
The full name of HT is Huobi token, which is a global common scoring system based on blockchain issuance and management. The analysis is as follows:
(1) the total amount of HT issuance is limited to 500 million, 100% of which is used for gift
(2) 60% (300 million) of them were used to purchase point card packages and 20% (100 million) were used for user rewards and platform operation; 20% (100 million) for team motivation, with a lock-in period of four years and 25 million per year
(3) purpose of fire coin: when HT is used to buy VIP, different levels of VIP enjoy different discount of service charge, and the maximum discount of service charge is 50%. At the same time, HT can be used as a deposit to become a legal currency transaction certification business, which can obtain exclusive certification marks and one-to-one customer service. HT can also be used in hadax voting, hadax project party margin, super node, super partner and fire coin global ecological fund scenarios
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development materials:
(1) fire coin is a safe and reliable bitcoin trading platform in China. It has obtained a round of 10 million RMB capital investment from Zhenge fund, Dai Zhikang, Sequoia Capital (shareholders of many global well-known companies such as apple and Alibaba). Fire coin implements strict risk control management and operates stably. As of the end of 2016, the accumulated turnover of fire currency reached 200 billion yuan
(2) in the future, Huo coin will mainly focus on overseas transactions. Founder Li Lin said in an open letter that he is currently carrying out five major businesses around the world, including fire coin global professional station, fire coin Korea, fire coin China, fire Coin Wallet and fire coin global dollar station
(3) among them, fire coin China focuses on blockchain technology R & D and application information, while fire coin Korea and fire coin global dollar station will continue to provide local legal currency to digital currency digital asset trading services
PS: for details of this agreement, please refer to the latest blog "detailed explanation of [blockchain] dpos official consensus mechanism (BTS / EOS)"
the dpos mechanism of bitshares is called share authorization proof mechanism (also known as trustee mechanism) in Chinese, and its principle is to let everyone holding bitshares vote, Thus, 101 representatives are generated, which can be understood as 101 super nodes or ore pools, and the rights of these 101 super nodes are completely equal to each other. In a way, dpos is a bit like a parliamentary system or a people's Congress system. If the delegates can't perform their ties (when it's their turn, they can't generate blocks), they will be removed and the network will choose a new supernode to replace them. The emergence of dpos is mainly e to the proction of mining machines. A lot of computing power is on people who don't understand and care about bitcoin. Scalpers like concerts hoard a lot of tickets and don't care about the content of concerts at all.
according to the comprehensive evaluation of the number of votes, the number of voters and other factors within the limited time, the top projects can go online on hadax platform, and the specific audit standard is subject to the announcement on the official website.