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Zold: a cryptocurrency without Blockchain
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Yegor Bugayenko
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Odessa Blockchain Summit, 2018; Odessa, Ukraine; 6 Sep 2018
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Zold: a cryptocurrency without Blockchain
1.
/31@yegor256 Zold 1 Yegor Bugayenko Zold: a
cryptocurrency without Blockchain Odessa, Ukraine 6 September, 2018
2.
/31@yegor256 Zold 2 @yegor256 1.8K ZerocracyPalo Alto,
CA yegor256.com
3.
/31@yegor256 Zold 3 zold.io
4.
/31@yegor256 Zold 4 The Evolution of
Trust Re
5.
/31@yegor256 Zold 5 PoliceMath vs.
6.
/31@yegor256 Zold 6 https://digiconomist.net/bitcoin-energy-consumption $4B/year922KWh/t
7.
/31@yegor256 Zold 7 PoliceMath vs. $4B/$110B $180B/$2T 4%
9% https://fred.stlouisfed.org/series/CASACBW027SBOG https://www.statista.com/chart/10593/how-much-do-us-cities-spend-on-policing/ https://digiconomist.net/bitcoin-energy-consumption https://coinmarketcap.com/
8.
/31@yegor256 Zold 8 Blockchain
9.
/31@yegor256 Zold 9 1 2 3 4 4’ 5’ 5 $330 $220 6 7
10.
/31@yegor256 Zold 10 Static Proof-of-Work
11.
/31@yegor256 Zold 11 1 2 3 4 4’ 5’ 5 6 7 67a4e3 a9331c d7f22a d3af20 31b488 2b34eb b921fe
c958cd
12.
/31@yegor256 Zold 12 Dynamic Proof-of-Work
13.
/31@yegor256 Zold 5 4 13 w w’ 22 12 3 2 1 24 19 39 W 3482
14.
/31@yegor256 Zold 14 Zit Git
15.
/31@yegor256 Zold 5 4 15 w w’ 22 12 32 1 2419 39 3482 $ zold
fetch 912ecc24b32dbe74
16.
/31@yegor256 Zold 16 w w’ 3482 $ zold
merge 912ecc24b32dbe74 w
17.
/31@yegor256 Zold 17 W 32 1 24 19 39 $ zold
push 912ecc24b32dbe74
18.
/31@yegor256 Zold 18 NiW $ zold fetch $
zold merge $ zold push N1 N3N2
19.
/31@yegor256 Zold 19 It’s Fast 1
20.
/31@yegor256 Zold 20 W1 41 W2 2 3 5 1,000,000 tps https://blog.zold.io/2018/07/30/how-fast-is-zold.html 1,000,000
nodes 60 minutes Confirmation time:
21.
/31@yegor256 Zold 21 https://support.kraken.com/hc/en-us/articles/203325283-How-long-do-digital-assets-cryptocurrency-deposits-take- Bitcoin: 60m Litecoin: 60m Ethereum:
6 Dash: 15m
22.
/31@yegor256 Zold 22 Bitcoin: 7tps Litecoin: 56tps Ethereum:
15tps Dash: 30tps
23.
/31@yegor256 Zold 23 It’s Lightweight 2
24.
/31@yegor256 Zold 24 4 1 2 3 5 1,000,000+ nodes 6 1890 320 180 290 1103 45
25.
/31@yegor256 Zold 25 5,000 50,000,000$1/mo $10,000/mo
26.
/31@yegor256 Zold 26 It’s Efficient 3
27.
/31@yegor256 Zold 27 922KWh/t $0.02/GB 100x:1
28.
/31@yegor256 Zold 28 Programmers Investors Users Miners @zold_io
29.
/31@yegor256 Zold 29 WDYT?
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