What's the prospect of pow pool

1. mining pools are arranged according to computing power. For example, the computing power of digyi mining bitcoin mining pool accounts for about 4% of the total network computing power, ranking among the top ten mining pools in the world. The four technology blockchains are relatively good.

2.

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"

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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

3.

POW: full name of proof of work

pos: proof of stake

both of them are the consensus mechanism of blockchain and the bookkeeping method of digital currency

the difference is:

1. POW mechanism: workload proof mechanism, that is, the proof of workload, is the requirement that must be met when generating a new transaction information (that is, a new block) to be added to the blockchain. In the blockchain network based on workload proof mechanism, the ability of nodes to obtain the correct numerical solution to generate blocks by calculating the numerical solution of random hash hash is the specific performance of node computing power

POS mechanism: the proof of rights and interests requires the certifier to provide a certain amount of ownership of cryptocurrency. The operation mode of the proof of rights and interests mechanism is that when creating a new block, the miners need to create a "currency right" transaction, and the transaction will send some coins to the miners themselves according to the preset proportion. According to the proportion and time of token owned by each node, the equity proof mechanism reces the mining difficulty of nodes proportionally according to the algorithm, so as to speed up the speed of searching for random numbers

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the concept of bitcoin was first proposed by Nakamoto in 2009. According to Nakamoto's ideas, the open source software and the P2P network on it were designed and released. Bitcoin is a kind of P2P digital currency. Point to point transmission means a decentralized payment system

unlike most currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses the distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction

4. This kind of game to make money, in fact, is very unreliable, you have to focus on work, hope to help you

5. At present, the excessive investment in mining is a great pressure for new friends. The regeneration group (ITGC) is a good entry point. The most important thing is that ITGC client has built-in one click mining! One click mining! One click mining! Important things are to be repeated for 3 times. For Xiao, in fact, mining is not so difficult, as long as there is a computer, a mobile phone can, today teach you a key mining
first of all, we need to download ITGC's wallet client. We can search eppool, Download professional mining tools, and now support PC's win, Linux, MacOS's CPU and graphics card mining, as well as Android mobile phone mining! The second step is to download the official wallet client. After downloading and installing, we start ITGC wallet. Step three, start mining Mining command] enter go and enter to start your mining journey. It's so simple! It's amazing!

6. As a technical service organization of filecoin, we suggest to choose the latter. If we only buy the hard disk miner, there will be upgrade later, hosting is the best choice.

7. This is bitcoin comes with the protocol, GitHub source code. Many mines are developed in this way. It's very convenient

8. Chinese Name: jiaozi coin
English Name: oiocoin
abbreviation: oioc
Author: jiaozi coin team
technical characteristics:
total amount: 10 billion + oioc, (Jiaozi coin has no pre excavation, ensuring the fairness of issuance)

algorithm: X11

mining method: POW + node mining (each node can get 15% of the total amount of coins g through this node), Proction node requirements: 2 million oioc, server with fixed IP)

mining features: anti mining machine, wallet operation, one click mining

output: pre dig 4 billion (for 1:1 exchange of old jiaozi coin), issue 3 billion in the first year, 2 billion in the second year, 1 billion in the third year, In the fourth year, we will issue RMB 100 million every year (to ensure the correct operation of the whole network)

block out speed: 60 seconds

transaction confirmation: 6 blocks

mature period: 51 blocks

difficulty change period: 24 hours

transfer fee: depending on the specific number (up to 6.8 million oioc for a single transfer, The maximum transfer fee is 100 oioc)

RPC port number: 11112

P2P port number: 11111

the original intention of Jiaozi coin is to be a social reward currency that everyone can participate in together, so in the craziest period of domestic virtual currency, jiaozi coin is issued in the way of no pre dig and no ICO. But today, this kind of issuing method makes jiaozi coin encounter a bottleneck. Due to the low difficulty of mining and unstable calculation force in the early stage, the block proction speed is fast and the amount of money is large. At that time, e to time and other factors, the old people graally shifted their attention to jiaozi, which made that part of the coin become "dead coin", which made jiaozi not fully circulated, and also increased the threshold of later attention to jiaozi. This is not concive to the late development of Jiaozi
technically, some community members also put forward some perfect ideas for jiaozi coin, such as: 1. Our current wallet does not provide the function of choosing the installation path, so that some members with too small C disk can not install jiaozi Coin Wallet (except some awesome people). 2. Transfer is slow. 3. Open the wallet and load the card. 4. Logo is not novel enough, etc.
in view of the above factors, the development team of Jiaozi coin has made the following improvements:
first, when installing jiaozi Coin Wallet, add the function of selecting the installation path< 2. Replace the logo with a new one

thirdly, when the wallet is loaded, it is easy to crash when clicking the wallet< 4. Adopt new algorithm, increase the function of the mine prevention pool of the mine prevention machine, run the wallet software, and mine with one click< 5. Fine tuning the issuance mechanism to increase the difficulty ladder: 4 billion in the first year, 3 billion in the second year, 2 billion in the third year, 1 billion in the fourth year, and an additional 100 million in the fifth year to maintain the robustness and stability of the node network. The 4 billion yuan in the first year will be proced in advance by means of pre digging, which will be used to exchange the old jiaozi currency. In the next month (when the new wallet update notice is issued), you can exchange the exchange ratio of one old coin for several new coins for new jiaozi coin (the old wallet is expected to proce about 3.5 billion in one month, of which 3.5 billion will be used to replace the old coin, and the remaining 500 million jiaozi coin will be handed over to jiaozi coin fund, For the promotion and maintenance of Jiaozi coin, the address of the fund will be announced, and you can query the details of the fund wallet in the block browser)

6. Add the node reward mechanism: the new version of the wallet can not only mine fairly, but also build the main node of Jiaozi coin by purchasing a server with fixed public IP if your computer configuration is relatively low, All mines g through your main node will give you 15% reward< 7. Add anonymous sending function< 8. After the release of the new wallet, the jiaozi coin development team will start to develop the jiaozi coin application app.

9. In terms of blockchain technology, it is necessary to evaluate the strength not only by the technical team, but also by the proct planning and long-term development.