Technology of Smoke.network (part 1)


Delegated Proof of Stake Consensus Model 

Smoke.Network operates on a standalone Delegated Proof of Stake (DPoS) blockchain based on a fork of the latest version of the open source Steem software. Invented by Dan Larimer, the hugely successful founder of both Bitshares and the upcoming EOS platform, DPoS has a number of distinct advantages over competing consensus models such as Proof of Work (PoW) employed by market leaders such as Bitcoin and Ethereum. Bitcoin miners running its PoW algorithm use massive amounts of electricity [NYTIMES 2018] and build large infrastructure to supply the proof of work needed to claim new Bitcoins. This work is largely going to waste. DPoS provides a combination of speed and scalability that current PoW chains such as Ethereum lack without the large environmental impact and high computing costs. We believe this technology, already implemented successfully on Bitshares and Steem, and in the upcoming launch of the new EOS platform, will provide our users with the fastest and most robust blockchain possible for their needs. We will be building on top of trusted technology already powering popular sites such as Steem and Bitshares which currently handle hundreds of transactions every second and serve millions of users every month. In comparison, Bitcoin and Ethereum can both only handle less than 10 transactions per second due to the additional computing requirements imposed by PoW

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ABOUT VENDOREUM

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                                           VENDOREUM This is a new generation of cryptocurrency and ecosystem of services! The main goal of Vendoreum To create ecosystem of services, stores and service providers, where the main and only currency will be Vendoreum. Solving problems We've seen the problem is that cryptocurrencies live their own lives, and don't help in solving everyday problems. That's why we decided to create a project Vendoreum, which solves all these tasks. ASIC protection We modified the CryptoNote algorithm in such way that it became unavailable for mining devices by ASICs. Also you shouldn't be afraid of firmware updates for them, because we will change algorithm again and work of ASICs will be meaningless. Mining of coins with the specialized devices contradicts our policy: «availability for each user», therefore we will always...
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Smoke.Network

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Overview Symbol SMOKE Token sale opening date 15. Aug 2017 7 months ago Token sale closing date 15. Sep 2017 6 months ago Concept Smoke.Network is an incentivized, distributed social media application for the cannabis community, that rewards users in cryptocurrency for reviewing strains, interacting, creating content, and engaging others. The rewards are self funding and the application is completely decentralized and owned by the users with an incentive to grow the network together.  Smoke.Network is a decentralized and immutable decentralized application (DApp) tailored to the needs and wants of cannabis users and SMOKE is the coin that powers it. To learn more read our about page, pitch deck or whitepaper. Our first minimal viable product (MVP), Smoke.io is currently in development and is scheduled to be released in Q2 2018 Team Members Jonathan Hunter - Cofounder Patrick Meier - Cofonder Joseph Ashburner - Cofounder Nathan Stern - Secur...
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Smoke.network project

About Smoke Smoke.Network is a Delegated Proof of Stake (DPoS) blockchain tailored to the needs and wants of cannabis users and SMOKE is the coin that powers it. To learn more read our about page, pitch deck or whitepaper. Our first minimal viable product (MVP), Smoke.io is currently in development and is scheduled to be released in Q3 2018. The SMOKE Sale will start in Q2 2018, after our MVP launch, and will last approximately 5 weeks. If all coins available for sale are sold out, the SMOKE Sale may end prematurely. Base coin sale price: 1 SMOKE = 0.1 USD, calculated as the price of BTC at the time of purchase. Early contributors will benefit from a bonus timeline. To take part in the SMOKE Sale, you need to agree to all of our terms and sign up to our mailing list. Note that the coins are limited and will be sold on a first come first serve basis. The mailing list will be sent an early invitation to the sale as well as a detailed instruction on h...
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