CHAINWISE Group announces new development in consensus protocols

in #blockchain2 years ago (edited)

PoC_large.png

As of today, CHAINWISE Group is officially announcing the development of a new Consensus Protocol for Distributed Ledger Technologies (DLTs) and inter-chain consensus called “Proof-of-Clash”, or PoC.

It’s better. Than anything you know. Period.

Let’s be real. Aren’t we all tired of the ongoing disputes about which blockchain has the better tech, the better consensus, the better community…? We, for one, are fed up with all the opinionated, mouthy debates out there. All bark and no bite, right? We’re fixing that.

Our new protocol is designed to enhance or replace pretty much all existing consensus protocols like Proof-of-Work (PoW, as in Bitcoin or Ethereum) or Proof-of-Stake (PoS, as in Cardano or Ethereum 2.0) as it is a faster, more lightweight and more secure protocol to establish consensus and guarantee finality of transactions, especially in blockchains. The most revolutionary aspect of PoC is, however, that PoC has been specifically designed to establish consensus in cross-chain and inter-chain communication. The design is so flexible that it allows to combine arbitrary, seemingly incompatible blockchains and establish consensus on which one is the best. Finally, no more ranting and brawling because in good ol' DLT fashion the competition will be straightened out on-chain.

The PoC white paper, as well as additional in-depth information, can be found at proofofclash.com

First implementation nearing completion, not just a white paper

While the design and simulation of the protocol is nearing its last steps, we push the implementation of the reference software and the publication of the open-source code rapidly. The first implementation of Proof-of-Clash will be our very own, but certainly truly decentralized Clash Chain, of which we plan to release the public test net this summer. Find more information about Clash Chain at clashchain.com.

Adoption drives innovation

At present, our Business Developers are working day and night to secure partnerships. As soon as we can officially make major announcements with industry partners, you will be the first ones to learn about it; but rest assured: We got them all. You name it, we have it.

In the meantime, we’ve teamed with our friends from DNABlock, Los Angeles, to bring to you the first application on Clash Chain that will unleash the potential of Proof-of-Clash . After eternal brainstormings and discussions regarding the best name for the first Clash Chain application, we're proud to announce: Chain Clash! If you’ve ever wondered how the individual blockchains and their native currencies compare to one another, visit the Chain Clash website to subscribe to our newsletter and check back regularly for updates. Trust us, it’s gonna be huge.

We’re super excited about our newest developments - we hope you’re too, so stay tuned and keep clashing!

Follow us:
Twitter
LinkedIn
Discord
Facebook

Sign up:
Newsletter

Sort:  

It sounds like a great project..!!

Posted using Partiko iOS

An interesting project indeed. If owners of the project convince people PoC will reach its target. Thank you for this valuable post

Posted using Partiko Android

Look a joke, but great job, love it.

Thanks a lot!

Looks like this is a joke...but a good one!

We're currently not planning an ICO, but in case we do, we'll let you know.

Keep us updated! will follow you guys on your social media for follow-up on the project.

The mining is when one clan is clashing against another?
I need more technical information.

Posted using Partiko iOS

There will be a kind of mining and yes, this will be based on clans clashing against one another. We'll be able to publish more details on that very soon, so join our Discord or sign up for our newsletter to not miss out on those.

Finally, the blockchain trilemma is solved. Congrats to the team!

we have always supported the innovators, we think their project looks promising, especially if they manage to unite in perfect combination the communication between chain and chains. I hope you succeed for the good of all.

You should checkout your double opt-in mail on the newsletter. Got rejected with 16 from 15 points with a standard rspamd configuration. The most weighted issue is that you are stored in the fuzzy hash database of bl.rspamd.com

rspamd.png

Thanks for pointing this out. We'll check!

You should allow different coins to send among each other while it mines coins simultaneously

Thanks for your input. We're looking into various options for multiple coins, but it will take a little bit of time.

About 238.86$ has been spent to promote this content using Steemium.
Learn more here!

This post has received a 10.00% complementary upvote from @swiftcash 🤑

That sounds awesome! The last time I had this feeling I felt like...

Posted using Partiko Android

Haha, thanks! Exactly where we wanted to go :-D

I guess this is the same with Cosmos or the upcoming polkadot?

In a way, maybe, but actually it's entirely different than either one of them.

@steemium purchased a 75.48% vote from @promobot on this post.

*If you disagree with the reward or content of this post you can purchase a reversal of this vote by using our curation interface http://promovotes.com

How can i invest. It a nice platform ... i love it . Keep me posted

We currently don't offer investments, but we'll let everyone know in case we should decide to do so.

Congratulations @chainwise!
Your post was mentioned in the Steem Hit Parade in the following categories:

  • Upvotes - Ranked 6 with 1606 upvotes
  • Pending payout - Ranked 1 with $ 337,33

Congratulations @chainwise! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 1000 upvotes. Your next target is to reach 2000 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

SteemitBoard - Witness Update
Do not miss the coming Rocky Mountain Steem Meetup and get a new community badge!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Thanks for the post.