Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Announcing Bitcoin Origin: An Innovative New Approach To Blockchain Technology

As A Multi-Fork That Focuses On The Leading Proof-Of-Work Cryptocurrencies, Bitcoin Origin Is Introducing New Technologies That Could Radically Change The Budding Blockchain Industry

For all the benefits of cryptocurrencies and blockchain technology, they have an outsized impact on the environment. The Bitcoin Origin Project seeks to drive this impact down while reinforcing transparency and profitability for blockchain investments. As a multi-fork that focuses on the leading proof-of-work cryptocurrencies, Bitcoin Origin is introducing new technologies that could radically change the budding blockchain industry.

To reduce the inefficiencies and negative impacts of cryptocurrencies and other blockchain ventures, Bitcoin Origin has created an alternative to proof-of-work, or PoW, for building consensus. Known as proof-of-ambassadorship, or PoAm, this new method offers a higher level of efficiency and privacy compared to PoW, all while providing the same or higher levels of profitability. Along with the development of serverless blockchain technology, improved smart contracts, and a model for providing blockchain as a service, the platform has the potential to revolutionize this industry.

While Bitcoin Origin hopes to advance blockchain technology in many ways, its most important goal is environmental. PoW ventures use an enormous amount of energy, which is largely generated from dirty sources. By encouraging a shift to eco-friendly server farms, Bitcoin Origin hopes to lower the industry’s carbon footprint and set the stage for a green blockchain ecosystem.

Related Posts
1 of 2,288

Origin’s Innovative Initiatives

Bitcoin Origin is a multi-fork for five of the biggest PoW digital currencies: Ethereum, Dash, Litecoin, Bitcoin, and Bitcoin Cash. It has developed a number of innovative features to reward investors while lowering environmental and other negative impacts, including:

  • Proof-of-Ambassadorship– This system involves designating Ambassadors, or individuals who achieve a good reputation among Bitcoin Origin’s stakeholders based on their performance on a number of key variables. They must promote Bitcoin Origin continuously to maintain this position. If they can do this effectively while undergoing an extensive vetting process, they receive 25 percent of block fees as a reward.
  • A Multi-State Engine– By creating multiple blockchain/state pairings, this engine makes economic abstraction possible, and it lets participants use each forked token for contracts, transactions, and fees.
  • Multichain– A serverless blockchain, Multichain gives users the infrastructure to develop their own blockchain applications, regardless of their resources or technical skills.
  • Blockchain-as-a-Service– By selling blockchain as a service, Bitcoin Origin allows people to take advantage of this revolutionary new technology at a fixed price.

Due to its unique service model and goals, Bitcoin Origin will not be holding an ICO. Instead, it will use a fee distribution system, which allows participants to obtain up to 15 percent of the token supply per year. It hopes this system will make token distribution more fair and less biased.

Read More: Getting To Know BYTON Concept — The World’s First Smart Intuitive Vehicle

18 Comments
  1. тахта угловая says

    I love what you guys are usually up too. Such clever work and coverage! Keep up the superb works guys I’ve added you guys to our blogroll.

  2. Copper wire scrap yard says

    Copper wire scrapping Copper scrap collection service Metal scrap yard management
    Recycling Copper cables for cash, Metal scrap dealer, Copper scrap inventory

  3. I always emailed this webpage post page to all my friends, because if like to read it next my friends will too.

  4. глаз бога тг says

    I’m really enjoying the design and layout of your blog. It’s a very easy on the eyes which makes it much more enjoyable for me to come here and visit more often. Did you hire out a designer to create your theme? Exceptional work!

  5. Hey there! I know this is kinda off topic but I was wondering which blog platform are you using for this site? I’m getting tired of WordPress because I’ve had issues with hackers and I’m looking at options for another platform. I would be awesome if you could point me in the direction of a good platform.

  6. University says

    Francisk Skorina Gomel State University

  7. Heya great blog! Does running a blog like this take a great deal of work? I have very little knowledge of computer programming but I was hoping to start my own blog soon. Anyway, if you have any suggestions or tips for new blog owners please share. I know this is off topic but I just needed to ask. Kudos!

  8. Oh my goodness! Incredible article dude! Many thanks, However I am experiencing issues with your RSS. I don’t know why I am unable to subscribe to it. Is there anyone else getting the same RSS problems? Anybody who knows the solution will you kindly respond? Thanx!!

  9. What’s up to all, how is all, I think every one is getting more from this site, and your views are good designed for new viewers.

  10. Remarkable! Its truly awesome article, I have got much clear idea about from this piece of writing.

  11. hot fiesta says

    We stumbled over here coming from a different web page and thought I may as well check things out. I like what I see so now i’m following you. Look forward to exploring your web page yet again.

  12. Greetings from Colorado! I’m bored to tears at work so I decided to check out your site on my iphone during lunch break. I really like the info you present here and can’t wait to take a look when I get home. I’m amazed at how quick your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyhow, excellent site!

  13. Please let me know if you’re looking for a author for your weblog. You have some really great posts and I think I would be a good asset. If you ever want to take some of the load off, I’d absolutely love to write some articles for your blog in exchange for a link back to mine. Please blast me an e-mail if interested. Kudos!

  14. Теннис онлайн says

    Pretty nice post. I just stumbled upon your blog and wanted to say that I have really enjoyed browsing your blog posts. In any case I’ll be subscribing to your feed and I hope you write again soon!

  15. Helpful info. Fortunate me I found your site by chance, and I am stunned why this coincidence did not came about in advance! I bookmarked it.

  16. Hi there! This post couldn’t be written any better! Looking at this post reminds me of my previous roommate! He constantly kept talking about this. I will forward this information to him. Pretty sure he’ll have a good read. Many thanks for sharing!

  17. “Франшиза автомойки” от нашей сети – это готовое решение для старта вашего бизнеса. Мы предлагаем полную поддержку и профессионализм.

  18. Hurrah! Finally I got a weblog from where I be able to really get useful information regarding my study and knowledge.

Leave A Reply

Your email address will not be published.