Understanding Economies of Scale
July 7, 2014
Economics
Economies of scale are an important concept in Proof of Work (PoW) mining.
Tag: algorithm
A 51% attack: the sum of all fears?
June 16, 2014
Economics
Recently multiple cryptocurrencies have faced increasing risks of a so-called 51 percent attack.
The myth of ASIC-resistance
June 2, 2014
Economics
Proof of Work mining, such as implemented for Bitcoin, Litecoin and Dogecoin, is an extremely competitive process by nature.
Taking a closer look at coin age
May 29, 2014
Economics
Coin age is a central concept in Proof of Stake (PoS) algorithms. Both PoS and Proof of Stake Velocity (PoSV) are alternatives to the traditional Proof of Work (PoW) mining.