#scalability, Security, and Mining Done Right with #zilliqa
▻https://hackernoon.com/scalability-security-and-mining-done-right-with-zilliqa-a898af135757?sou
Zilliqa at WDAS 2018Cryptocurrency has come a long way since Satoshi’s revolutionary Bitcoin whitepaper. The second generation of blockchains has extended the possibilities of the technology far beyond the trustless exchange of digital cash, allowing for the creation of tokens, smart contracts, and the execution of complex computations on distributed ledgers.Despite the excitement around blockchains, the technology in its current state is far from being perfect. The reality is that the sheer complexity of such networks means that a titanic amount of energy expenditure is required under the Proof-of-Work model to secure the transaction records. On top of this, arguments over how to go about scaling the amount of transactions per second have polarised the #blockchain space for years.At (...)