What is pos (What is a broken water? What are the symptoms? How much will it flow out?)

What is pos. In the past decade, the development of blockchain technology has made significant progress. However, for most people, this development is still in an early stage Due to the fact that blockchain technology itself is not a completely transparent technology, people’s views on blockchain technology are generally different from those in traditional industries who only focus on basic concepts or specific functions such as information disclosure and data exchange. With the expansion of the Internet scale and the continuous growth of the use of Ethereum network (such as the recent DeFi boom), more and more attention has been paid to the POS system So what is pos? This article will briefly introduce what pos is. 1. POS is a new form of economic model created based on online transactions. It allows users to initiate payments from anywhere and directly engage in transactions with other users By using a new consensus mechanism called ‘sharding’, a greater degree of decentralization of applications can be achieved. This makes it easier for us to understand the work done by the core developers behind the protocol, rather than just putting all operations on a separate network POS is a solution designed for different applications. It aims to solve some problems that existing systems cannot achieve, such as distrust, unpredictable, and expensive data; Without the involvement of intermediaries, there is a lack of complementarity. These issues can be alleviated by providing more details or utilizing their unique advantages to eliminate many complex functions or risks. 3. POS makes smart contracts more secure, flexible, and scalable. When you start running a smart contract, your account will automatically track the status of all transactions and will not lose funds due to transaction errors. If you want to join, you must choose to support the contract address you want, as it requires verifying the user’s identity, so they can use the contract to send requests and requests, and then the smart contract executes the transaction, but it is not completed by a specific wallet. 4. POS also provides a new governance model, where proposers have the right to propose a proposal and submit it to the voting process. (Note: The main purpose of such proposals is to enable community members to make better decisions). 5. POS is a very simple PoW Cryptocurrency architecture. It is a public platform based on blockchain that allows any individual or organization to own their own digital assets as collateral 6. POS is an unlicensed approach that ensures that certain services are not subject to third-party intervention, including reviews or suggestions from stakeholders from non-profit organizations and private entities

What is water breaking? What are the symptoms? How much will it flow out?

What is water breaking? What are the symptoms? How much will it flow out? Why did the “Great Waterfall” appear? Bitcoin has exceeded $6 trillion during its 2017 surge, but it has also experienced some significant fluctuations and losses When a coin is breached, its value drops significantly, as this collapse was caused by a large shipment by miners. This is a normal situation (such as February 1, 2018), but now the situation is different because there will be a significant pullback after the price surge (starting from the end of August last year) So the problem comes, when did it happen again What is the reason for the so-called Great Waterfall? That is to say, when a currency is hit to its lowest point, it will trigger a major decline, and this number may rise at this time. If this market continues, its market value will greatly decrease or decrease Then we should know what it means to break water. For example, before the end of 2015, we found an interesting thing: there is a big foam project in the field of Cryptocurrency, which has many applications about blockchain, such as DeFi on Ethereum, Stablecoin and other applications based on this project In fact, there are many people discussing this industry, including many investment institutions who are paying attention to it, and many people think it is a scam However, what everyone did not actually notice was that some new funds entered the industry during this process, and there were relatively few people entering the industry with these funds. Therefore, most of them would choose to exit the industry. So for most people, who are still familiar with new investors, they are not sure what kind of state they are in. (Note: The author of this article is Du Jun, founder of Mars Finance)