Author Topic: First draft of the white paper has been released!!!  (Read 161 times)

Offline ZooBC

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First draft of the white paper has been released!!!
« on: September 21, 2019, 11:16:13 am »
The first draft of the white paper is out, and we need your feedback!
Furthermore, if you find the project interesting, you are welcome to support us!

NOTE: This is NOT an ICO paper! ZooBC has NO pre-mined coins, so no crypto investments to do... Yet if you will be between the firsts to run a node, you can put together quite some coins! How could would have been to be there at the early days of Bitcoin? Well, you can be part of the early days of ZooBC!

Follow the progress from today, support ZooBC project, and make it a success for everyone good! Start by helping on the white paper!

You can download and read the PDF version here:
https://zoobc.com/ZooBC%20Whitepaper%20Draft%20-%20V0.1.pdf

You can leave edit suggestions and comments in the Google Doc here:
https://docs.google.com/document/d/1RHbDHHH0JlAfU8bdgfawbnvlm-Ng_Tq-VA7P-n1p_80

White paper is TL;DR? Watch https://www.youtube.com/watch?v=4Imu9W1mFdQ to learn why ZooBC blockchain uses a Proof of Participation algorithm!


All blockchains need to be protected in some way. Proof of Work tends to become centralized into mining pools. Proof of Stake tends to become centralized in the hands of the wealthy. In an effort to reduce the risk of centralization, we created a new consensus algorithm called Proof of Participation (PoP). As Roberto (Founder & CEO) and Barton (Co-founder and CTO) explain in this video, the goal is to equally distribute rewards to all people who are actively participating in the network. By increasing decentralization, we will achieve increased security.

Thank you for your support!!!