From b8d1cfd086a7277d77d2cedf94bee4050c74ada8 Mon Sep 17 00:00:00 2001 From: "myarbrough@oreilly.com" Date: Tue, 18 Nov 2014 12:32:40 -0800 Subject: [PATCH] Made changes to ch09.asciidoc --- ch09.asciidoc | 18 +++++++++--------- 1 file changed, 9 insertions(+), 9 deletions(-) diff --git a/ch09.asciidoc b/ch09.asciidoc index d681849c..c608e9f5 100644 --- a/ch09.asciidoc +++ b/ch09.asciidoc @@ -170,25 +170,25 @@ Proof of stake is a system by which existing owners of a currency can "stake" cu ===== Blackcoin -((("Blackcoin")))Blackcoin was introduced in February 2014 and uses a proof-of-stake consensus algorithm. It is also notable for introducing "multipools," a type of mining pool that can switch between different alt-coins automatically, depending on profitability. +((("Blackcoin")))Blackcoin was introduced in February 2014 and uses a proof-of-stake consensus algorithm. It is also notable for introducing "multipools," a type of mining pool that can switch between different alt coins automatically, depending on profitability. * Block generation: 1 minute * Total currency: No limit -* Consensus algorithm: Proof-Of-Stake -* Market capitalization: $3.7 million USD in mid-2014 +* Consensus algorithm: Proof-of-stake +* Market capitalization: $3.7 million in mid-2014 -*VeriCoin* +===== VeriCoin -((("VeriCoin")))VeriCoin was launched in May 2014. It uses a Proof-Of-Stake consensus algorithm with a variable interest rate that dynamically adjusts based on market forces of supply and demand. It also is the first alt-coin featuring auto-exchange to bitcoin for payment in bitcoin from the wallet. +((("VeriCoin")))VeriCoin was launched in May 2014. It uses a proof-of-stake consensus algorithm with a variable interest rate that dynamically adjusts based on market forces of supply and demand. It also is the first alt coin featuring auto-exchange to bitcoin for payment in bitcoin from the wallet. * Block generation: 1 minute * Total currency: No limit -* Consensus algorithm: Proof-Of-Stake -* Market capitalization: $1.1 million USD in mid-2014 +* Consensus algorithm: Proof-of-stake +* Market capitalization: $1.1 million in mid-2014 -*NXT* +===== NXT -((("NXT alt-coin")))NXT (pronounced "Next") is a "pure" Proof-Of-Stake alt-coin, in that it does not use Proof-Of-Work mining. NXT is a from-scratch implementation of a crypto-currency, not a fork of bitcoin or any other alt-coins. NXT implements many advanced features, such as a name registry (similar to((("Namecoin"))) Namecoin), a decentralized asset exchange (similar to Colored Coins), integrated decentralized and secure messaging (similar to((("Bitmessage"))) Bitmessage), and stake delegation (delegate Proof-Of-Stake to others). NXT adherents call it a "next-generation" or 2.0 crypto-currency. +((("NXT alt-coin")))NXT (pronounced "Next") is a "pure" proof-of-stake alt-coin, in that it does not use proof-of-work mining. NXT is a from-scratch implementation of a cryptocurrency, not a fork of bitcoin or any other alt-coins. NXT implements many advanced features, such as a name registry (similar to((("Namecoin"))) Namecoin), a decentralized asset exchange (similar to Colored Coins), integrated decentralized and secure messaging (similar to((("Bitmessage"))) Bitmessage), and stake delegation (delegate proof-of-stake to others). NXT adherents call it a "next-generation" or 2.0 crypto-currency. * Block generation: 1 minute * Total currency: No limit