The Success of Bitcoin Origin Could Change the Cryptocoin and Blockchain Conception

in bitshares •  7 years ago  (edited)

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The advantages of cryptocurrencies and blockchain technology, have a huge impact on the environment.
The Bitcoin Origin project try to reduce this impact improving transparency and profitability of blockchain investments.
Bitcoin Origin is introducing new technologies that could change the blockchain industry.

To reduce the inefficiencies and negative impacts of cryptocurrencies, Bitcoin Origin has created an alternative to the Proof-of-Work (PoW), Known as Proof-of-Ambassadorship (PoAm), this new method offers a level higher efficiency and privacy than PoW, providing greater levels of profitability.

While Bitcoin Origin tries to promote blockchain technology in many ways, its most important goal is environmental.
The PoW technique uses an enormous amount of energy, Bitcoin Origin hopes to reduce the use of carbon in the field and build the foundation for an ecosystem of green blockchain.

Innovative initiatives by Bitcoin Origin:

Bitcoin Origin is a multi-fork for five of the largest digital PoW currencies: Ethereum, Dash, Litecoin, Bitcoin and Bitcoin Cash.
Bitcoin Original developed a series of innovative features to reward investors reducing to at the same time environmental and other impacts, among which:

  • Proof-of-Ambassadorship
    This system provides for the designation of Ambassadors with a good reputation.
    They have the function of promoting Bitcoin Origin to maintain this privileged position if they can do it effectively, receive 25% of the block commissions as a reward.

  • Multi-State Engine
    This engine makes economic abstraction possible is allows participants to use each bifurcated token for contracts, transactions and commissions.

  • Multichain
    A blockchain without a server, Multichain offers users the infrastructure to develop their own blockchain applications, regardless of their resources or technical skills.

  • Blockchain as a Service
    With the sale of blockchain as a service, Bitcoin Origin allows the people to exploit this revolutionary new technology at a fixed price.

Thanks to its service model and to its unique objectives, Bitcoin Origin will not hold an ICO. Instead, it will use a paid distribution system, which allows participants to get up to 15% of the token supply per year.
Bitcoin Origin hopes that this system will make the distribution of token fairer and less impartial.


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  ·  7 years ago (edited)

Although some of the wordings have been changed, this is a obvious copy from the following webpage:

https://www.prnewswire.com/news-releases/announcing-bitcoin-origin-an-innovative-new-approach-to-blockchain-technology-300642320.html

Please use references otherwise it would be considered plagiarism.

Well, seems you found a notorious plagiariser.
I also think his "grc price chart"-posts are rather spam than informative in any way. I can look up the price (chart) by myself and a "what do you think?" at the end of a posts does not make it a discussion.

  ·  7 years ago (edited)

I hope I have provided some support for things not to do on Steemit.

Concerning the 'grc price chart' I think you have given some good advice as well to @tonyking. It is what we can learn from an article, do with it or enjoy it. Even bringing information from multiple websites together in one article could be interesting because we don't have to do it ourselves anymore.

So lets see in the coming days how these charts develop otherwise the payout will remain around 0, I guess, or they could be considered spam and would be flagged so we don't see them anymore.

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin9890.690$1.87%6.59%
DASHDash491.709$-0.32%0.56%
ETHEthereum816.233$2.45%20.01%
GRCGridCoin0.054$-1.42%3.43%
LTCLitecoin172.206$5.69%14.33%