BosCoin from my perspective

in btc •  8 years ago  (edited)

images (11).jpg

A few days ago I saw an advertisement about boscoin and I got interested to learn it.

I compare it with other coins that have sprung up. I also try to compare the technology that will be developed by boscoin team to platforms such as ethereum, ethereum classic, etc....

here is the different between Boscoin and Ethereum :

1 .Consensus
ETH : POW will become POS
Boscoin : Modified FBA(Federated Byzantine Agreement)

  1. Block Confirmation Time
    ETH : 15 second
    Boscoin : 5 second ( target )

  2. Transaction Throughput
    ETH : 25 Tx / second
    Boscoin : 1000 Tx / second

  3. Governance System
    ETH : None
    Boscoin :Commons budget, Proposal, Voting

  4. Smart Contracts: -Computasional Power
    ETH : Turing Complete
    Boscoin : Timed Automata Model

images (1).png

and
you can read the papper here :
https://docs.google.com/document/d/16Wm13pSvjb_izCB8QImMgHnt8VOlt0d5YSsPV6NDtaI/mobilebasic

from my perspective, Boscoin will be the second successfully Alt coin after Ethereum.

if you feel the samething and u miss the ICO, you can buy IOU boscoin on Hitbtc exchange, you still can not withdraw it untill Genesis Block launch in October.

and maybe you can buy IOU from someone in boscoin Slack ( i did not guarantee people will sell it )

This is not a bounty blog, i write this after ICO finish. i just want to share or discuss about this Coin.

Note : I missed the ETH train, thats why i trust this coin from other project out there. if you missed Ethereum train you can try it with this project. i dont know i just have a good feeling about it.

regards,
CrackDown

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Useful information about boscoin
So i will buy some boscoin