RE: Venezuela will provide its cryptocurrency 5 billion barrels of oil

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Venezuela will provide its cryptocurrency 5 billion barrels of oil

in news •  7 years ago 

This is going to get very interesting. Is it a POW of POS blockchain or DPOS? @dan @dantheman any word on the street on the VNZ blockchain design?

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I think it would be be neither. Since it is backed by Gold, Oil and other assets.

Don't the transactions have to be ensured to be in order, valid and somehow final?