#proof of stake vs proof of work

[crypto195]

Useful Proof of Work (uPoW) - Blockchain’s Latest Way to Train AI and Secure Networks

Useful Proof of Work (uPoW): Merging Blockchain and AI Blockchain and AI are two big technologies, but both come with big problems. Blockchain networks need a lot of energy to secure the system, AI needs powerful computers to train machine learning models. Useful Proof of Work (uPoW) is a new system that solves these problems by using the energy from blockchain mining to train AI models. This secures the blockchain and allows AI to train faster, using the same energy for both. Consensus in Blockchain and AI Blockchain networks need to agree on which transactions are valid. This is called consensus. Different consensus methods have been developed, each with its own strengths. Traditional Proof of Work (PoW) is one of the most well-known, used by Bitcoin. It requires computers (miners) to solve complex puzzles to secure the network. But PoW has been criticized for wasting a lot of energy for no other benefit. AI needs a lot of computing power to train machine learning models which can be expensive. The idea behind uPoW is to use the computational resources from blockchain mining to help with AI training, turn the energy used for mining into something valuable for both.

To Know More- Read the latest Blogs on Cryptocurrencies

[omkarr11]

Proof of Work vs. Proof of Stake: A Comprehensive Comparison by Liminal Custody

In the realm of blockchain technology and cryptocurrency, two consensus mechanisms stand out: Proof of Work (PoW) and Proof of Stake (PoS). These mechanisms are essential for securing blockchain networks and validating transactions. Liminal Custody, a leader in secure digital asset management, provides an in-depth comparison of Proof of Work vs Proof of Stake, exploring their fundamental differences, advantages, and implications for the future of blockchain technology.

Understanding Consensus Mechanisms

A consensus mechanism is a protocol that ensures all participants in a blockchain network agree on the validity of transactions and the state of the blockchain. This agreement is crucial for maintaining the integrity and security of decentralized systems. PoW and PoS are the two most widely used consensus mechanisms in the blockchain industry.

Proof of Work (PoW)

How Proof of Work Works

Proof of Work is the original consensus mechanism introduced by Bitcoin, the first cryptocurrency. In a PoW system, miners compete to solve complex mathematical puzzles using computational power. The first miner to solve the puzzle gets the right to add a new block to the blockchain and is rewarded with newly minted cryptocurrency.

Advantages of Proof of Work

Security: PoW is known for its high level of security. The computational difficulty of solving the puzzles makes it extremely challenging for malicious actors to manipulate the blockchain.

Decentralization: PoW promotes decentralization by allowing anyone with the necessary hardware to participate in the mining process.

Proven Track Record: PoW has been successfully used by Bitcoin and other major cryptocurrencies for over a decade, demonstrating its reliability and effectiveness.

Disadvantages of Proof of Work

Energy Consumption: PoW requires significant computational power, leading to high energy consumption. This environmental impact has raised concerns about the sustainability of PoW networks.

Centralization of Mining Power: Over time, mining power has become concentrated in the hands of large mining pools and companies, potentially reducing the level of decentralization.

Scalability Issues: PoW networks often face scalability challenges, as the process of solving puzzles and adding new blocks can be slow and resource-intensive.

Proof of Stake (PoS)

How Proof of Stake Works

Proof of Stake was introduced as an alternative to PoW, aiming to address some of its limitations. In a PoS system, validators are chosen to create new blocks based on the number of coins they hold and are willing to "stake" as collateral. Validators are incentivized to act honestly, as malicious behavior can result in the loss of their staked coins.

Advantages of Proof of Stake

Energy Efficiency: PoS is significantly more energy-efficient than PoW, as it does not require massive computational power to validate transactions.

Reduced Centralization Risk: Since PoS does not rely on specialized hardware, it lowers the barriers to entry for validators, promoting greater decentralization.

Scalability: PoS networks generally offer better scalability, as the block creation process is faster and less resource-intensive.

Disadvantages of Proof of Stake

Initial Distribution: PoS can lead to centralization if a small number of users control a large portion of the staking coins, giving them significant influence over the network.

Security Concerns: While PoS is considered secure, it is a newer technology compared to PoW and has not been tested as extensively in real-world scenarios.

Complexity: PoS mechanisms can be more complex to implement and understand, potentially posing challenges for widespread adoption.

Proof of Work vs. Proof of Stake: A Direct Comparison

Security

Both PoW and PoS offer robust security features, but they achieve this in different ways. PoW relies on the computational difficulty of solving puzzles, making it costly and time-consuming for attackers to compromise the network. PoS, on the other hand, relies on economic incentives, where validators risk losing their staked coins if they engage in malicious activities. While PoW has a longer track record, PoS is increasingly being recognized for its potential to provide strong security with lower energy consumption.

Decentralization

Decentralization is a key principle of blockchain technology. PoW promotes decentralization by allowing anyone with the necessary hardware to participate in mining. However, the increasing concentration of mining power in large pools has raised concerns about centralization. PoS aims to address this by lowering the barriers to entry and promoting a more diverse validator community. However, the initial distribution of staking coins can impact the level of decentralization in PoS networks.

Energy Efficiency

One of the most significant advantages of PoS over PoW is energy efficiency. PoW's reliance on computational power results in high energy consumption, leading to environmental concerns. PoS, by contrast, requires minimal computational resources, making it a more sustainable option for the long-term future of blockchain technology.

Scalability

Scalability is a critical factor for the widespread adoption of blockchain technology. PoW networks often face scalability challenges due to the time and resources required for mining. PoS offers improved scalability, as the block creation process is more efficient and less resource-intensive. This makes PoS an attractive option for blockchain networks aiming to support a high volume of transactions.

Liminal Custody: Leading the Way in Secure Digital Asset Management

As the debate between PoW and PoS continues, Liminal Custody remains committed to providing secure and innovative solutions for digital asset management. By offering comprehensive resources and expert insights, Liminal Custody empowers users to navigate the complexities of blockchain technology and make informed decisions about their digital assets.

Liminal Custody’s platform is designed to cater to the needs of both novice and experienced users, providing advanced security features, user-friendly interfaces, and robust customer support. Whether you are interested in the energy efficiency of PoS or the proven security of PoW, Liminal Custody has the expertise and tools to help you secure your digital assets effectively.

Conclusion

The choice between Proof of Work and Proof of Stake depends on various factors, including security, decentralization, energy efficiency, and scalability. Both consensus mechanisms have their strengths and weaknesses, and the best option may vary depending on the specific needs and goals of a blockchain network. As blockchain technology continues to evolve, ongoing innovation and research will likely lead to further improvements and hybrid models that combine the best features of both PoW and PoS.

[infifashion]

Proof of work vs Proof of stake

Blockchain networks use Proof of Work (PoW), a consensus technique, to confirm and validate transactions. The blockchain is expanded with additional blocks using the PoW mechanism. An strategy used in decentralised systems to make sure that everyone agrees on the current state of the blockchain is referred to as a consensus mechanism. A consensus mechanism, as it relates to blockchain technology, validates transactions and adds them to the blockchain.

In the Proof of Work vs Proof of Stake method, miners compete to solve challenging mathematical problems, and the first miner to do so is rewarded with a set quantity of cryptocurrency.

Advantages of Proof of Work

Following is a list of some benefits of Proof of Work (PoW):

Security: PoW is regarded as a highly secured consensus technique, which makes it difficult and expensive to manipulate the blockchain. This is due to the high computational power necessary to solve the mathematical equations to validate the transactions.

Decentralisation: PoW is made to be decentralised, which implies that there isn't a single entity in charge of it, making it immune to manipulation and censorship.

Rewards: PoW provides incentives for miners to conduct themselves honestly and protect the reliability of the cryptocurrency blockchain.

Disadvantages of Proof of Work (PoW) The following is a list of some drawbacks of Proof of Work (PoW):

High Energy Consumption: Because addressing extremely complicated problems requires a lot of computational capacity, the energy used to do so can have more negative effects on the environment. Centralization: Individuals or small groups may find it challenging and expensive to engage in the network due to the high computing demands. This can result in centralization, where a select few people take charge of the network.

Proof of Stake Blockchain networks use Proof of Stake (PoS), a consensus technique, to validate and authenticate transactions. To address the problems of PoW, PoS was developed.Proof of Stake (PoS) permits validators to add new blocks based on their ownership stake in the network, in contrast to Proof of Work (PoW), which necessitates miners to solve challenging mathematical problems in order to add new blocks to the blockchain.

In Proof of Stake (PoS), validators put their bitcoin holdings up as collateral, pledging to contribute towards network improvement. A validator's chances of being selected to add the next block to the blockchain increase with the amount of cryptocurrency they own, thus those having more of a stake

Advantages of  Proof of Stake (PoS)

Below is a list of some benefits of Proof of Stake (PoS):

Energy Efficient: PoS uses far less energy than PoW in order to solve difficult mathematical problems because it doesn't need as much computer power. This makes PoS a more environmentally friendly choice.

Disadvantages of Proof of Stake (PoS) The following is a list of some drawbacks of Proof of Stake (PoS):

Centralization: PoS is susceptible to network centralization. A concentration of power in the hands of a few people could be harmful to the network's security and decentralisation if a small group of validators gains the majority of the network's stake.

What distinguishes Proof of Work (PoW) from Proof of Stake (PoS)? In blockchain networks, Proof of Work (PoW) and Proof of Stake (PoS) are two alternative consensus processes used to authenticate and verify network transactions. The primary distinction between proof of work and proof of stake is how new blocks are added to the blockchain and how network users are rewarded.

In the Proof-of-Work (PoW) algorithm, miners compete to solve difficult mathematical puzzles, and the first one to do so is rewarded with a freshly created cryptocurrency and transaction fees. To participate, you need specialised hardware, a lot of computer capacity, and energy.

[yumeka-sxf]

My thoughts on Spy x Family: EYES ONLY Guidebook (English ver) - part 2

Continuing from my previous post about the English version of the SxF manga guidebook "EYES ONLY," today I'll be going over Endo's interviews, as well as showing my favorite "fun" page spreads!

Endo's interviews with his editor Lin and other manga-ka

First off, let's address the elephant in the room: as some of you may have heard, a horrendous clickbait article was released a while back citing an interview from this book (when it was only in Japanese). The article claims that Endo states in the interview that he doesn't like Anya or any of the other SxF characters. Thankfully u/fuyukochii on Reddit had provided an unofficial translation of the interview, so most fans were able to see that this article was bogus. And now we have the official translation as further proof...

Lin, Kato, and Amu are teasing Endo about the fact that he tends to not draw handsome men ("ikemen") in his series. So when he finally did with Loid's design, they joking applaud this big sacrifice he made, to which Endo replies (again, jokingly) that this compromise to his preferred style is why he has no emotional attachment to his characters. Again, all the "laugh" and "clap" interjections in this exchange make it clear that they're all joking around. The article took this statement of his completely out of context and twisted the "no attachment" wording to mean total dislike. It's unfortunate, but false information gets published like this all the time, and often for more dire issues than a manga fanbook. But it seems like a lot of fans didn't fall for the clickbait, which is good. And now everyone who reads the book officially in English can see that there's no way someone like Endo who has such dedication to his craft could downright dislike it.

Moving on, I totally agree with Nishimori, Kato, and Amu's praise for Endo's work in the below exchanges…

The trait SxF has that they convey here is "balance:" balance between making its world believable, with enough serious conflict so that we care about what's at stake, but at the same time, stretching the veil of realism a bit to have comedic moments. There's also great balance to the characters in that none of them are totally good or totally bad, but because we know what's going on in their world and why they do the things they do (like what Nishimori mentioned about the scene with Loid), we can still sympathize with them.

Going along with that thought, Endo's responses on the below page further illustrates his balance between "dark" and "comedic."

I like how he says that he's not interested in grotesque violence as much as dark themes of the psychological kind…the dark side of humanity more than visual depictions of violence. We can see this in how he portrays the serious moments in SxF where, instead of showing actual horrific scenes of war, the focus is instead on the psychological impacts that war has had on the characters. Likewise, he mentions how perhaps "the comedic nature of their (the characters') daily lives is rooted in the severity of their reality." It's said that within comedy there's often some form of tragedy, and I think SxF is a good example of this as so much of the comedy has its roots in the darker aspects of life, like the fact that the characters have to lie about their true identities. But at the same time, Endo mentions that he doesn't want to shy away from the sad reality of war, which was a big driver for why he made the cruise arc. And again, his intention was not to show any kind of "good vs evil" thing, but simply what motivates people to do extreme things in times of war. His quote about how he never intended to show the Forgers as a completely righteous family is something I knew about before and I think is very poignant. It harkens back to what I discussed before about balance and the fact that his characters aren't shown as completely good or completely bad.

On a related note, in the below comment, Endo acknowledges that Loid and Yor have "darker sides."

It's cool that he likes drawing those expressions. It seems like he makes a conscious decision to show their "darkness" at the right times.

It's also very interesting that so many elements of SxF were decided last minute, as mentioned on the below page.

I can't believe Anya being telepathic was decided on so late! Considering it's such a big player in the series' humor, that's very surprising. But Endo does admit on this same page that he hadn't planned out the story at all. Since he had only done short/one-shot series up to that point, I'm sure he wasn't expecting SxF to continue on that long. But once it became so popular, he had to keep fleshing out the story and characters, probably beyond what he originally thought. But considering how little he had come up with for the series initially, he's done a fantastic job keeping up its quality and continuity. It really was some crazy mix of timing, talent, and perhaps a bit of luck, that turned a series with no long-term planning and so many last minute decisions into such a hit.

Other parts of the interview highlight just how dedicated Endo is to his research and how he agonizes over the fact that he may have been inconsistent with something.

I also have to say that as I read through all of Endo's interviews and comments in this book, I admire how down-to-earth he is. Like, rather than sugarcoat things, he just says it like it is, for example, he said he doesn't reveal new character names that often because it's a hassle to come up with them (pg179), how he didn't give any thought to Anya's pink hair besides it being "cute" (pg181), how it's a lot of work to draw characters in a variety of clothes (pg178), and how the main emotion he feels with SxF getting an anime series is "tired" (pg174). But there's often a "laugh" interjection in many of these interview answers, so we know his comments aren't to be taken that seriously!

And here's his message to readers at the end of the interview. Definitely not the words of a man who dislikes his story and characters.

My favorite "fun" pages of the book

Since the Endo interviews were pretty heavy, I'll finish up this post with the lighter topic of highlighting my favorite funny page spreads in the book!

First off is a spread featuring all of Yor's cooking!

The sarcasm for these meal descriptions is hilarious, lol. And what was that dessert Yor made at the end of the cooking lesson chapter? Guess we'll never know.

The next spread from Anya's POV about her made-up spy group "P2" is absolutely adorable.

I love how they included all her mispronunciations of words. Also her calling Fiona "Agent Mean Lady," lmao!

And lastly, Yuri's collection of Yor photos (made with Anya's help!)

This is all just 4th-wall breaking fun as obviously no one was taking photos at these moments in canon, so Endo could just roll with the joke. Anya's inclusion in this whole gag is too good, from Yuri calling her an "unnamed collaborator" to her "Paparotsies, eat your heart out!" And I absolutely love her comment at the end about how she can't show Yuri some of Yor's less attractive expressions, lol. Pure SxF comedy gold.

I'll have one more post of EYES ONLY content coming soon, so stay tuned!

Continue to Part 3 ->

<- Return to Part 1

[ballinandcantgetup452]

I legitimately hope that BNHA takes from American comics and allows for several people to work on the title. Vigilantes is proof that Horikoshi will allow for legitimate spin-offs and not just "oooo they're chibi" type spin-offs. I honestly think that Horikoshi would be okay with more spin-offs if they were good ideas. Here's some ideas that I would want to see get greenlit in order of what I want the most to least:

------------------------------------------------------------------------------

Boku No Hero Career:

Basically just Deku trying to be an adult, while being a teacher, while being a hero. Basically, I'm asking for J. Michael Strazinski's run on Spider-Man. But I could specifically see somebody having a field day with how this new society works, and how hero-work is moving more towards helping the oppressed rather than fighting sludge monsters. There'd still be sludge monsters, I'm not trying to de-comicify My Hero, but it's a whole lot more of trying to fight the root of the problem. I think a strength of this potential story could be the use of non-violent conflict resolution. There'd obviously be action, but nothing bigger in scale than say the Overhaul fight. If you want to add inherent stakes, you can always have Deku's armor get damaged or something. Gun to my head, I could see the first long running arc about Deku and crew trying to end a prostitution ring. I also wouldn't mind an Izuocha subplot, but that's just my personal preference. I admit that part of this is just me missing JMS' Spider-Man run.

Skycrawler Adventures:

Okay I only had one cool title name; sue me. But I just want more of Koichi, man. Horikoshi has said he's a sucker for Spider-Man and at the very least one cover is literally a direct homage to Ultimate Spider-Man Vs. Venom. If BNHC is JMS' run on Spider-Man, this is Tom DeFalco and JM DeMatteis' runs on Spider-Man. It's that early 20's, post-college and in your first big kid job vibes. Maybe we start with Koichi starting up his own hero agency and struggling to maintain it. Maybe we finally make him canonically autistic? I admit I'm projecting with that one. But I think that Skycrawler Adventures could be like Chainsaw Man Part 2. Not exactly, but in terms of making this into an epic.

Boku No 52

This title requires some light explaining. Back in the day, DC had an event called 52. This came right after the event Infinite Crisis. After Infinite Crisis, the DC universe had a one year time-skip. However, 52 also released at the beginning of said time-skip. The premise of the book being that each issue would cover one week, and by the end of the series (which had 52 issues), you would know everything that happened during the time-skip. The only real caveat with this book being that Batman, Superman, and Wonder Woman were practically off the table. So, you had to use more minor characters. The book had 4 all-star writers and it was an absolute smash hit. It's still beloved to this day. I think that BNHA could use something like this. It can even fit my prior two pitches in there. But you can also have chapters about the new class 1-A, Bakguo yelling at clouds, is Endeavor still trying to be a father, what is Momo up to, literally anything. You can have it showcase a bunch of new mangaka. I'm sure that Horikoshi had drawing assistants, let them have a shot at this. This one is definitely the least likely to get passed. But, I also think it has the highest potential.

I'm willing to bet that Jump DESPERATELY wants to have another Naruto or Bleach or One Piece. Specifically a manga line that lasts for a STUPIDLY long time that's extremely popular that they can ride into the sunset. I think that My Hero has that potential. I just think that they should keep Horikoshi as a consultant, and do brand new things.

[another-lost-mc]

I've been wanting to share my MC and OC's for so long tbh! But the catch is— my lore explores a lot of dark themes and so far only my mutuals know of it 🫠 a big shame since I worked for a few years on it lol

I really respect you a ton for sharing your OC's, Karasu is def my favorite 🩵✨

Please, this fandom could use more dark themes because the official game is almost nauseating with how fluffy and neutered the demons and angels are.

I get that OM has swung wildly towards the silly slice of life trend these days, but it gets old fast. I want tension and drama and conflict with actual stakes and consequences, and maybe some uncomfortable moral differences to emphasize the difference between the different worlds that have been at odds with each other for so long.

It’s why my OCs aren’t all BFFs with the canon cast or each other, and why my world building around angels vs demons vs fallen angels is so bittersweet and further proof that a lot of them are living with unresolved trauma and they’re in desperate need of therapy. lol

[thewomancallednova]

Clues

holy fuck this was so compelling!

This might be the best episode of TNG yet! Been a while since we got one of these

Also very similar to Remember Me, which is a good thing.

I do think Crusher does the whole "there's something wrong with the universe" thing very well in both episodes. the main difference here is that the stakes are lower (we lost a day but aren't in imminent danger vs. crew members are literally disappearing as we speak) and I think that avoids making the territory feel tread on already

I wonder if this whole "there must be something wrong with the universe" thing she's done twice now is a big part of the current popularity. Like we live in a world with a ton of weird right-wing propaganda and someone going "if there's nothing wrong with me [whatever topic that's clearly already decided by science], then there must be something wrong with the universe [omnipresent right wing anti-science propaganda]"

okay but that's just a stray thought

data is such a good antagonist i love him so much

also much better used than in Brothers where he's just this unstoppable force. Here he tries his best to both fulfill Picard's original order and not lie to the crew which is fucking hard

also i love how much intense whispering is going on here, like that's not really tngs style but im not complaining

also great use of the ensemble cast, like everyone really had their little moment here

I love that Picard says at the start that the crew gets a lot of leisure usually, I just think that's neat in our current "work yourself to death" climate.

in like three seasons i will cite troi and worf walking down the corridor as definitive proof that their relationship is well set up and no one can stop me

oh that scene with Troi and the mirror was genuinely scary

i dont know what it is with mirrors in trek being effective horror, but between this and Discovery season 1 they just keep winning.

honestly troi had me at masks though, like that sounds like an awesome experience (to me, i am weird)

[bnbbropool]

What is the Difference Between a Smart Contract and Blockchain?

In today's digital-first world, terms like blockchain and smart contract are often thrown around, especially in the context of cryptocurrency, decentralized finance (DeFi), and Web3. While these two concepts are closely related, they are not the same. If you’re confused about the difference between a smart contract and blockchain, you’re not alone. In this article, we’ll break down both terms, explain how they relate, and highlight their unique roles in the world of digital technology.

1. Understanding the Basics: Blockchain vs Smart Contract

Before diving into the differences, let’s clarify what each term means.

A blockchain is a decentralized digital ledger that stores data across a network of computers.

A smart contract is a self-executing program that runs on a blockchain and automatically enforces the terms of an agreement.

To put it simply, blockchain is the infrastructure, while smart contracts are applications that run on top of it.

2. What is a Blockchain?

A blockchain is a chain of blocks where each block contains data, a timestamp, and a cryptographic hash of the previous block. This structure makes the blockchain secure, transparent, and immutable.

The key features of blockchain include:

Decentralization – No single authority controls the network.

Transparency – Anyone can verify the data.

Security – Tampering with data is extremely difficult due to cryptographic encryption.

Consensus Mechanisms – Like Proof of Work (PoW) or Proof of Stake (PoS), which ensure agreement on the state of the network.

Blockchains are foundational technologies behind cryptocurrencies like Bitcoin, Ethereum, and many others.

3. What is a Smart Contract?

A smart contract is a piece of code stored on a blockchain that automatically executes when certain predetermined conditions are met. Think of it as a digital vending machine: once you input the right conditions (like inserting a coin), you get the output (like a soda).

Smart contracts are:

Self-executing – They run automatically when conditions are met.

Immutable – Once deployed, they cannot be changed.

Transparent – Code is visible on the blockchain.

Trustless – They remove the need for intermediaries or third parties.

Smart contracts are most commonly used on platforms like Ethereum, Solana, and Cardano.

4. How Smart Contracts Operate on a Blockchain

Smart contracts are deployed on a blockchain, usually via a transaction. Once uploaded, they become part of the blockchain and can't be changed. Users interact with these contracts by sending transactions that trigger specific functions within the code.

For example, in a decentralized exchange (DEX), a smart contract might govern the process of swapping one cryptocurrency for another. The logic of that exchange—calculations, fees, security checks—is all written in the contract's code.

5. Real-World Applications of Blockchain

Blockchains are not limited to cryptocurrencies. Their properties make them ideal for various industries:

Finance – Fast, secure transactions without banks.

Supply Chain – Track goods transparently from origin to destination.

Healthcare – Secure and share patient data without compromising privacy.

Voting Systems – Transparent and tamper-proof elections.

Any situation that requires trust, security, and transparency can potentially benefit from blockchain technology.

6. Real-World Applications of Smart Contracts

Smart contracts shine when you need to automate and enforce agreements. Some notable use cases include:

DeFi (Decentralized Finance) – Lending, borrowing, and trading without banks.

NFTs (Non-Fungible Tokens) – Automatically transferring ownership of digital art.

Gaming – In-game assets with real-world value.

Insurance – Auto-triggered payouts when conditions (like flight delays) are met.

Legal Agreements – Automatically executed contracts based on input conditions.

They’re essentially programmable agreements that remove the need for middlemen.

7. Do Smart Contracts Need Blockchain?

Yes. Smart contracts depend entirely on blockchain technology. Without a blockchain, there's no decentralized, secure, and immutable platform for the smart contract to run on. The blockchain guarantees trust, while the smart contract executes the logic.

8. Which Came First: Blockchain or Smart Contract?

Blockchain came first. The first blockchain, Bitcoin, was introduced in 2009 by the anonymous figure Satoshi Nakamoto. Bitcoin’s blockchain didn’t support smart contracts in the way we know them today. It wasn’t until Ethereum launched in 2015 that smart contracts became programmable on a large scale.

Ethereum introduced the Ethereum Virtual Machine (EVM), enabling developers to build decentralized applications using smart contracts written in Solidity.

9. Common Misconceptions

There are many misunderstandings around these technologies. Let’s clear a few up:

Misconception 1: Blockchain and smart contracts are the same.

Reality: They are separate components that work together.

Misconception 2: All blockchains support smart contracts.

Reality: Not all blockchains are smart contract-enabled. Bitcoin’s blockchain, for example, has limited scripting capabilities.

Misconception 3: Smart contracts are legally binding.

Reality: While they enforce logic, they may not hold legal standing in court unless specifically written to conform to legal standards.

10. Benefits of Using Blockchain and Smart Contracts Together

When used together, blockchain and smart contracts offer powerful advantages:

Security – Combined, they ensure secure automation of processes.

Efficiency – Remove delays caused by manual processing.

Cost Savings – Eliminate middlemen and reduce administrative overhead.

Trustless Interactions – Parties don't need to trust each other, only the code.

This combination is the backbone of decentralized applications (DApps) and the broader Web3 ecosystem.

11. Popular Platforms Supporting Smart Contracts

Several blockchain platforms support smart contracts, with varying degrees of complexity and performance:

Ethereum – The first and most widely used platform.

Solana – Known for speed and low fees.

Cardano – Emphasizes academic research and scalability.

Polkadot – Designed for interoperability.

Binance Smart Chain – Fast and cost-effective for DeFi apps.

Each platform has its own approach to security, scalability, and user experience.

12. The Future of Blockchain and Smart Contracts

The future looks incredibly promising. With the rise of AI, IoT, and 5G, the integration with blockchain and smart contracts could lead to fully automated systems that are transparent, efficient, and autonomous.

We may see:

Global trade systems are using smart contracts to automate customs and tariffs.

Self-driving cars using blockchain to negotiate road usage.

Smart cities are where infrastructure is governed by decentralized protocols.

These are not sci-fi ideas; they are already in development across various industries.

Conclusion: A Powerful Partnership

Understanding the difference between smart contracts and blockchain is essential in today's rapidly evolving digital world. While blockchain provides the secure, decentralized foundation, smart contracts bring it to life by enabling automation and trustless execution.

Think of blockchain as the stage, and smart contracts as the actors that perform on it. Separately, they're impressive. But together, they're revolutionary.

As technology continues to evolve, the synergy between blockchain and smart contracts will redefine industries, reshape economies, and unlock a new era of digital transformation.

[cto10121]

How Romance in Fiction Works

For this Valentine’s Day I dedicate this to all the “Romeo and Juliet/Twilight/[insert X] isn’t a romance!!1!1” clownery out there, because now I have to contend with the depressing fact that people—and not just illiterate randos, actual bookish people perhaps too used to the Hero’s Journey template—have no clue what romance in fiction (as the main plot) works. And no, it has nothing to do with ~fantasy or ~wish fulfillment or ~everyone is nice and in love and nobody’s mean or cheats ever!!!1!1 It has to do with the goals of a romance. I’ll be focusing largely on literature, but technically this can also apply to TV, movies, and other dramatic mediums.

(Disclaimer: I will not be talking about romance as a genre, either the knight/damsel tradition or the HEA conventions of modern American romance fiction. The former has nothing to do with romantic love, and the latter has nothing to do with the art of fiction, but what sells, so don’t @me. It should also go without saying that I won’t be talking about romance as a subplot to the main plot. You lot already know too much about that already.)

Romance IRL vs. Fiction

So romance in real life can be literally anything and occur anywhere and at any time. No duh. That is true for *waves hand vaguely* everything in reality. Fiction, however, is a different story. It must, in short, make sense. There is plot, character, tone, as well as your literary techniques and devices. Otherwise the romance will not work or be implausible. So far, the same as most any other fiction.

Where romance differs from most fiction, however, lies in its purpose. I like it to call it The Romance Novel Paradox. To whit: Romance in fiction functions on the premise that the couple cannot be together because of X reasons. As soon as the couple resolve all of their issues and be together fully, that’s when the romantic story is over.

Thus, the task of the romance writer is to prevent the couple from getting together before the point where they absolutely need to be. So in a way, writing a romance…is fundamentally writing an anti-romance.

Sounds crazy and weird and hard? It is. That’s exactly why writing romance is so hard in the first place. You have to juggle these two separate and opposite tensions tugging and tearing at the work. You literally have to do two things at the same time, along with all the other things required of writing a romance.

The Goals

So with all this in mind, the goals of a romance is as follows:

That the couple meet and fall in love

That the couple enjoy and even consummate their love

That the couple overcome any obstacles that threaten their relationship

That the couple be successful in being true to their love and the first 3 goals.

The Plot(s)

Romances actually have two kinds of plot. I’ll just call them the Courtship Plot and the Love Story Plot respectfully.

The Courtship Plot

The Courtship Plot essentially deals with the inner conflicts/obstacles that prevent the couple from being in love or falling for each other. This could be as short as a scene or two or as long as a whole book/movie/TV show, depending on the medium and intentions.

Beginning/Set Up: Establishes both the world, its stakes, and/or the romantic couple. Oftentimes, though, a romance does start with a different character(s) entirely who talk about the couple before they appear.

Inciting Incident: This is when the couple first meet. Their first reactions could range anywhere from love at first sight (instalove) to absolute abhorrence (Rivals/Enemies to Lovers). For Friends to Lovers, this is the point where the two characters begin to view each other in a romantic light or as a potential romantic partner.

Courtship/Investigation: Even if the couple is instantly attracted to each other, they must first get an understanding of each other’s intentions, the depth of love/attraction, personality, etc. This time also includes Proofs of Love, in which the lovers each provide proof of their love for each other through words, acts of service, etc.

Internal Conflicts/Obstacles: These relate to the couple’s inner conflicts/hangups that prevent them from entering a relationship and what they must do to overcome those. This is traditionally known as The Barrier. In this type of plot they will mostly be internal, but there can be some external obstacles as well.

Separation of the Lovers: Most often because of misunderstandings/internal hangups, but it can also be because of actual external shit beyond their control.

Resolution: These inner conflicts are resolved and the couple can get together properly. Traditionally this is shown through marriage (Cheers, bells, and Hymen the God of Marriage arrives to officiate your wedding. Congrats!). Or simply living together/dating.

This is more or less the plot of a romantic comedy, but this can be the plot of romantic drama as well, especially if those internal conflicts are truly heavy and significant. There may also be some external conflict happening, but it’s usually not as significant as the internal ones.

The Love Story Plot

The Love Story Plot is concerned with the love relationship of a couple as well. However, it is less focused on the courtship side (i.e. the couple falling in love with each other) and more on the external conflicts/obstacles that threaten their love. To whit:

Courtship (Abridged): Some Love Plots may include this, but it is not strictly necessary. If they do, it’s mostly in abridged form, quick montage, small flashback, or simply just as Proofs of Love.

Couple Is In Love (Status Quo): Most Love Plots begin with the lovers already together and in love. In some occasions, they are even married.

External Conflicts/Obstacles: Everything and anything that prevents the lovers from getting together or keeps them apart (The Barrier). Family doesn’t approve, society doesn’t approve, natural events occur, personal enemies, other love interests, etc. Sometimes the couple has internal conflicts going on as well that tie into the external conflicts.

Separation of the Lovers: Almost always temporarily and literally, due to above External Conflicts and, on occasion, Internal Conflicts. Very rarely metaphorically.

The Lovers Reunite: Almost always, although some media may skip this part.

Couple Triumphs (Or Not): The couple succeeds in vanquishing all obstacles and they come out stronger than ever, yay! Or they don’t and they die and/or their love dies, oh no! Yes, the latter is definitely an option and actually not an uncommon one with these plots.

The Love Story Plot does have its downside in that it can be harder for the audience to care very much for the couple if they haven’t spent at least some time getting to know them and their love. However, it is preferred traditionally, if just because of the dramatic and much-clearer stakes involved. The lovers’ characters are also revealed/developed through adversity, which is always a plus.

So all romances are effectively love stories. However, not all love stories are romances. Most romances tend to have both, mostly in one or two books. In Epic Romance this is stretched to three or four at the most. Beyond four the book/TV show/thing turns from a romance into a full-blown soap opera (coughOutlandercough).

So here are a few examples of romances often classified as such and why they count as romances. I’ll start with two works people most insist are not romances: Romeo and Juliet and Twilight.

Example 1: Romeo and Juliet

Though tons of Internet clowns insist to this day that Romeo and Juliet is not a romance and is a comedy/satire/what have you, it skews closely to the Romance plot as outlined.

The Courtship Plot:

Two families in a patriarchal, violent, and conservative society hate each other. (Beginning/Set Up). Romeo and Juliet are their two heirs, each with their own problems re: their place in this society (Beginning/Set Up). They meet at a ball and fall in love (Inciting Incident). But of course they are heirs of two feuding families (The Barrier/Obstacle 1). However, Juliet is worried that Romeo is just playing with her (Internal Conflict) while Romeo is worried Juliet might choose to refuse him after all (Internal Conflict). As proof Juliet asks Romeo to arrange for their marriage and Romeo agrees right away (Resolution). Romeo pretends he is over Rosaline with Mercutio and Benvolio and meets with the Nurse to arrange the marriage (Proof of Love). They then get married and renew their commitment to each other (Couple Triumphs).

The Love Story Plot:

This is the latter half of the play. Tybalt comes and demands to duel Romeo. Romeo refuses, so Tybalt duels and kills Mercutio. Romeo struggles between avenging Mercutio and his love for Juliet (Internal Conflict). He decides to avenge Mercutio, killing Tybalt and getting banished from the city (Obstacle 2). Juliet is angry with Romeo and torn between her loyalties to him and Tybalt (Internal Conflict) but soon decides to forgives Romeo (Resolution/Proof of Love). Romeo meanwhile breaks down (Proof of Love) when he believes Juliet doesn’t love him anymore, (Obstacle 3) but the Friar verbally berates him and the Nurse gives Romeo Juliet’s ring, proving she still loves him (Resolution). Romeo goes to Juliet and they make love (Proof of Love). They talk (Courtship) and say goodbye to each other in the morning (Separation of the Lovers). Juliet is then forced to marry Paris by her parents (Obstacle 4). With the help of the Friar she fakes her death (Resolution). But Romeo doesn’t get the news in time due to plague (Obstacle 5). He goes to her tomb and meets Paris, who demands to duel him (Obstacle 6); he kills Paris (Resolution). Romeo then kills himself (Proof of Love). Juliet wakes up and does the same (Couple Defeated…Triumphs?).

So obviously Romeo and Juliet is a love story in just plot alone. But is it also a romance? As you can see, they end up dead and do not succeed in having a full relationship.

That said, Romeo and Juliet do succeed in being true to each other and their love. They do not cheat on each other, think about cheating on each other, or decide not to pursue their relationship. And that, I feel, is more important than the fact that they could not be together in life. That is the couple’s goal, but not the goal of a romance. So yes, I do think theirs is a romance too, and why most people consider it to be one.

Example 2: Twilight

Speaking of another work that gets a lot of hate, Twilight! And of course you have the antis insist this isn’t a romance either. Unfortunately for them, the plot hews even more closer to the romance plot, with even more of a fulsome Courtship Arc. To whit:

Twilight:

Courtship Plot: Bella is a normal human girl who goes to Forks to please her narcissistic mother and worries about fitting in (Beginning/Set Up). She meets Edward on the first day of her new high school and is attracted to him (Inciting Incident). Unfortunately, Edward is a vampire (The Barrier). Not only that, but Edward wants to drink her blood (Obstacle 1). He resists, however, and leaves for three days later. They meet again and talk about each other (Courtship). Edward then saves Bella from the van the next day (Obstacle 2/Proof of Love). Bella demands answers, but Edward can’t reveal his secret (The Barrier). They don’t speak for one month until Edward gets jealous of love suitor Mike Newton (Obstacle 3). Edward and Bella become tentative friends, and Edward takes Bella to the nurse’s office when she gets dizzy smelling blood (Obstacle 4/Proof of Love). He insists on driving her home and they talk (Courtship). Bella and Edward spend the weekend apart but still thinking about each other; Bella learns what he is (Courtship). Bella then goes to Port Angeles with friends and Edward rescues her from rapists (Obstacle 5/Proof of Love). They then talk (Courtship), and Edward admits he is a vampire. The next day Bella and Edward go public about their situation (Courtship) and they talk at lunch, clarifying their feelings for each other; Edward invites Bella to the meadow on the weekend. Billy Black learns of their relationship and tries to warn Bella (Obstacle 5). Edward and Bella meet in the meadow and confess their love for each other (Courtship). Edward successfully resists his bloodlust all for his love for Bella (Resolution of Obstacle 1/Proof of Love).

Love Story: This is basically the latter half of Twilight and the rest of the series. Edward saves Bella from James (Obstacle 6) and the lovers are together again (Lovers Triumph).

New Moon:

Love Story: Bella and Edward are in love (Status Quo), but then Jasper tries to eat her and Edward’s self-loathing and desire for Bella to have a regular human life kicks in (Obstacle 2). Edward lies to Bella and tells her he doesn’t want to be with her and she accepts it (Separation of the Couple). For six months the two are barely functional (Proof of Love). Eventually Bella’s need for adrenaline leads her to a friendship with Jacob (Obstacle 3–yes, this counts) and starts to love him despite herself. Laurent arrives and clearly wants to eat Bella (Obstacle 4). He tells her that Victoria is out there trying to hunt her as revenge (Obstacle 5). Fortunately the wolves kill Laurent (Resolution). But then Alice comes and Jacob unintentionally tells Edward that Bella is dead (Obstacle 6); Edward decides to commit suicide (Proof of Love). Bella runs to Italy (Proof of Love), saves Edward from the Volturi (Obstacle 7) and they are reunited (Reunion of the Lovers).

Eclipse:

Love Story: Bella and Edward are in love (Status Quo), but Bella wants to keep her friendship with Jacob (Obstacle 3). She also doesn’t want to get married (Internal Conflict) while Edward doesn’t want to turn her into a vampire (Internal Conflict). Jacob is also opposed to Bella being with Edward for both ethical and personal reasons (Obstacle 3 again). Victoria is still hunting Bella but now she is making a whole new army (Obstacle 5 again). Bella realizes she loves Jacob in a potential-love-interest-way (Obstacle 3) but still chooses Edward (Proof of Love/Resolution). The lovers decide to get married (Couple Triumphs).

Breaking Dawn:

Bella and Edward are in love (Status Quo) and get married (Proof of Love). Bella and Edward make love, leaving Bella happy but bruised, which pains Edward so much he refuses to make love to her again (Obstacle 1). Bella seduces him successfully (Resolution) but then falls pregnant (Obstacle 2). The pregnancy is high risk, causing dissension between the two (Obstacle 3) but Bella convinces Edward to go along with her plan (Resolution). Bella delivers her baby and turns into a vampire (Resolution). She learns the ropes of vampirism (Obstacle 4) and harbors no romantic feelings for Jacob anymore; Jacob imprinted on Renesmee so he has no more love for Bella (Resolution). Irina finds out about Renesmee and, thinking she is an immortal child, tells the Volturi (Obstacle 5). This leads the Cullens to call their friends and prepare for any eventuality, and Bella learns to use her power (Obstacle 6). The Volturi come and try various excuses to execute the Cullens (Obstacle 7) but they are able to defend themselves aptly (Resolution). The Volturi leave and Bella and Edward can finally be together with their little family (Couple Triumphs).

As you can see, a lot of Twilight's Obstacles double as Proofs of Love, what with Edward and Bella saving each other constantly. That is perfectly acceptable and in fact a very common doubling in romance.

What Is Not A Romance?

Romances do have to have some provisos, a couple of quid pro quos. Again, though, there are some exceptions and writers can and will break the rules successfully.

They must be requited. Unrequited love on either side does not a main romance plot make. Unrequited love is mostly a romance subplot if that or as part of a love triangle.

They cannot be abusive (to each other). The lovers of a romance do not have to be good people at all. In fact, they (yes, it has to be both) can be bad or villainous…to other people. That said, their love must be actually mutual and good for each other, even redemptive. A couple who is bad for the world and each other defeats the point of a romance. Mutual enmity does not count (see: Enemies to Lovers).

Their love must be main plot. If the couple is not the focus of the plot, then it’s not a romance but a romance subplot. Subplots can be as complete or incomplete as they like, developed or underdeveloped, but they are subplots for a reason.

Can a romance focus on a beta couple as well? Generally no. In American romance novels, authors do set up another couple for the next installment, but that is not quite the same as page time and development. Romances focus on one couple at a time—once that couple’s love story is done, writers can move on to another couple’s romance. Stories that have more than one couple tend to be something else entirely.

What about second chance romance? Second chance romance is essentially the same as the Courtship Plot, since the work very rarely talks about the lovers’ relationship before they separated. So in plotwise it’s basically just like meeting each other for the first time.

What about love triangles? Unless Character C is framed as an obstacle in the overarching narrative, love triangles do not really count; they are more for coming-of-age or slice-of-life fodder. Polyamorous couples, however, should count in theory if their story has the romance plot. But of course, that is the rarest kind of all.

Keep Calm and Love On

There are some unconventional romances out there, to be sure. But they are ultimately rare; the standard romance plot should fit most works accepted as such. As always, romantic tropes and dynamics are neither good nor bad—they all largely depend on the the execution.

The only plot that may be confusable with the romance is the Marriage Plot, which is something different. Marriage Plots are essentially comedies of manners and they may or may not include romantic love or attraction as a major plot element. They are less about the couple’s erotic compatibility and more about their social compatibility. Austen’s works come the readiest to mind; a contemporary example would probably be Crazy Rich Asians. Otherwise Marriage Plots have much of the same beats as a romance.

So if you’re not sure if X is a romance, see how it fits within this plot. Nine times out of ten, you should get your answer.

[asherlockstudy]

I don't know if you've talked about this before but I think I've made a connection!!!

So I've read through your master list and one ongoing theme you've established is Link getting trapped somewhere, Rhett coming to his rescue while Link is still somehow incapacitated, and them making it out together

Well in the EB episode "Are We Too Nice?" Rhett talks about this dream he had where Link was falsely accused of murder and is in prison as a result, and Rhett's trying his hardest to get him out but Link- in Rhett's own words- is "unresponsive". Rhett eventually succeeds of course but not without putting some work into it.

Damn. I wonder if what the origin of the story is, I wonder if it's religion related or something worse like life and death, suicide ideation maybe. Surely something happened IRL. Maybe that's too far but who knows. Anyways I just wanna know your thoughts on this.

Just a correction: I have not said they are making it out together. I have said that many of their videos end in a dark, pessimistic tone with them not making it (out). See Hazel, UnHaunted House, Brown Diamond, Red VS Blue, Simulated Flight, the Time Capsule.

What's certain is that almost always it's Link being in need and Rhett trying to save him but then they double down on the bad, hopeless situation. I am not sure what it means but I mostly theorized about it with a perspective of a sexuality exploration, eventually leading to a trapped situation with Link initiating it all but then also Rhett falling in the same ordeal.

However, I too have considered it could be something with more specific parallels to actual events in their lives. I remember the EB and the dream you are talking about. It seems this is an allegorical trope Rhett keeps revisiting in his mind, even subconsciously. I don't think it's religion-related (except only indirectly as what inner journey Link might have been suffering from was severely aggravated by his ties to religion) but the other thought you said has crossed my mind. It's a little too much, we don't have enough and we most likely won't ever have enough proof for that. But there's some bits here and there, the email with the ultimatum, Link saying he makes friendships to keep himself above ground should anything happen to Rhett, Link saying he sleeps a lot to not confront his problems, him saying there's so much thinking about his life that when he feels there are no stakes he lets loose in thunderous way, him saying he makes plans so that he has something to live for... Look, I am not saying anything has happened or was close to happening. It's too sensitive a topic and we would need a lot more than a few throw-away statements to consider it. What I'll say because it's my truth is that this thing Link says about being in the "best time of his life", I don't... see it. Maybe now it's better than his 20s, like he implied a couple of days ago, but it seems to me he feels there's a lot of room for improvement...

[wormsslime]

i think its unfortunate that crypto hate coalesced so hard around the (proof-of-work*) environmental cost, and even more unfortunate that that has basically been extended to every Computer Bad issue (currently mostly ai).

like. actually, basically nothing is going to waste more electricity and water and video cards and whatever else than the thing that was specifically designed to require "just about as much computing power as we can figure out how to make" in order to prevent inflation. on account of. anything that takes more than that is something we cant do and thus arent doing and thus isnt a current problem.

to be fair [gritting my teeth] the proof of work* crypto concept didnt come out of nowhere. its basically the same thing as "well we cant just shorten the workweek without paying people less or else were just giving them money for free? you cant give people money for free??? unless theyre shareholders". like. MOST things are currently set up to push the limits of production (see also: fast fashion landfills). its just that the other things have some sort of output and thus take time to scale up, vs (pow*) crypto which is just "every time the number gets bigger it gets bigger slower".

anyway. im not out here to defend google or microsoft or whatever. im not tryna say theyre not gonna squeeze every dollar possible out of all our breathable air or potable water. but u people have to understand that throwing as much electricity as possible at doing math that was designed specifically and solely for the purpose of taking as much electricity as possible was a specific thing, and not an inherent trait of computers. just because the auto industry takes an unsustainable amount of water doesnt mean going places is inherently evil, and just because the ai craze is taking an unsustainable amount of water doesnt mean that making computer pictures is inherently evil. please.

*im not a particular fan of proof of stake crypto or anything but it is factually true that its proof of work specifically that acts like my roommates tablet software (eating up all the ram you have for no reason other than its there to eat)

[tokenlauncher]

Solana vs. Ethereum: Why Solana Takes the Lead in 2024

The blockchain space has witnessed remarkable evolution over the past decade, and among the contenders for dominance in the realm of smart contracts and decentralized applications (dApps), Ethereum and Solana have emerged as two prominent players. Both networks have carved out significant niches, but as we advance into 2024, Solana is increasingly making a case for itself as the leader in the blockchain ecosystem. In this blog, we’ll delve into the reasons why Solana is gaining traction over Ethereum, focusing on aspects such as scalability, transaction costs, and the burgeoning opportunities for token creation.

The Ethereum Legacy

Ethereum, launched in 2015 by Vitalik Buterin, has been a pioneer in the blockchain space, introducing the world to the concept of smart contracts and decentralized applications. Its pioneering spirit earned it the title of the leading platform for building dApps and issuing tokens. Ethereum’s native token, ETH, has become synonymous with blockchain innovation, and the Ethereum Virtual Machine (EVM) has set a standard for interoperability and developer ease.

However, Ethereum’s growth has not been without its challenges. The network has faced issues related to scalability, high transaction fees, and slower transaction speeds, particularly during periods of high demand. These limitations have become increasingly apparent as the number of users and applications on the Ethereum network has surged.

The Rise of Solana

Solana, founded in 2017 by Anatoly Yakovenko, has quickly emerged as a formidable competitor to Ethereum. Solana’s promise lies in its ability to address some of the critical issues that have plagued Ethereum, offering a unique approach to blockchain technology that emphasizes speed, scalability, and cost-efficiency.

1. Scalability and Speed

One of the most significant advantages that Solana offers is its impressive scalability. Solana’s unique consensus mechanism, Proof of History (PoH), works in conjunction with Proof of Stake (PoS) to achieve high throughput and low latency. This allows Solana to process thousands of transactions per second (TPS), a stark contrast to Ethereum’s current capacity, which handles around 30 TPS.

PoH is essentially a cryptographic time-stamping mechanism that orders transactions and ensures the network’s integrity without requiring extensive computational work. This results in faster block times and a more efficient network overall. For developers and users, this means significantly reduced transaction times and enhanced user experiences, making Solana an attractive platform for high-frequency trading and real-time applications.

2. Cost Efficiency

Transaction fees on Ethereum have been a notorious pain point for users. During periods of network congestion, fees can soar to exorbitant levels, which can be a significant barrier for both developers and end-users. In contrast, Solana has been designed to minimize transaction costs. With its high throughput and efficient consensus mechanisms, Solana can offer transactions at a fraction of the cost compared to Ethereum.

This cost efficiency is a game-changer for the broader adoption of blockchain technology. Lower transaction fees mean that small-scale transactions become viable, encouraging the growth of microtransactions and expanding the use cases for blockchain applications.

Token Creation on Solana vs. Ethereum

The ability to create and manage tokens is a crucial aspect of any blockchain platform, and both Ethereum and Solana offer robust frameworks for token creation.

Ethereum’s ERC-20 and ERC-721 Standards

Ethereum’s dominance in token creation is largely attributed to its ERC-20 and ERC-721 standards. The ERC-20 standard has become the go-to protocol for fungible tokens, while ERC-721 introduced the concept of non-fungible tokens (NFTs). These standards have been widely adopted, and many successful projects have been built on Ethereum using these protocols.

However, Ethereum’s token creation process can sometimes be hindered by its scalability issues. High gas fees and slower transaction times can affect the efficiency of token issuance and management.

Solana’s SPL Tokens

Solana’s token creation ecosystem is streamlined through its SPL (Solana Program Library) token standard. SPL tokens offer a more efficient alternative to Ethereum’s ERC standards. They benefit from Solana’s high throughput and low transaction costs, making token creation and transactions more cost-effective and faster.

Additionally, Solana’s SPL token framework supports a wide range of functionalities, from simple fungible tokens to complex assets. This flexibility allows developers to leverage Solana’s capabilities to build innovative token-based applications without worrying about prohibitive fees or slow transaction times.

The Ecosystem and Developer Experience

A thriving ecosystem and developer support are critical for the success of any blockchain platform. Ethereum has established a robust ecosystem with numerous tools, libraries, and a strong developer community. However, as the Ethereum network has grown, so have its complexities, which can pose challenges for new developers.

Solana, on the other hand, has made significant strides in building a developer-friendly ecosystem. Its focus on speed and efficiency extends to its developer tools and resources. Solana provides comprehensive documentation, developer support, and a growing suite of tools designed to simplify the development process. This user-centric approach has fostered an enthusiastic community of developers and entrepreneurs eager to build on the Solana blockchain.

Adoption and Real-World Use Cases

The real-world application of blockchain technology is a crucial factor in determining a platform’s long-term viability. Ethereum has seen extensive adoption across various industries, including finance, gaming, and art. Its established presence in the NFT space and DeFi (Decentralized Finance) sector speaks to its influence and reach.

Solana, while newer, has also made significant inroads into real-world applications. Its high performance and low costs have attracted a range of projects, from decentralized finance platforms to NFT marketplaces. Solana’s ability to handle high transaction volumes efficiently makes it an appealing choice for applications requiring rapid and cost-effective transaction processing.

Future Prospects

Also We done tons of research and found amazing platform, Solana Launcher, Here you can generate your own memecoins tokens on solana in just less than three seconds without any coding knowledge. Just visit that platform, If you have any daubt Feel Free to ask!!!

As we move further into 2024, Solana’s potential to lead the blockchain space continues to grow. Its innovative approach to scalability, cost efficiency, and token creation positions it as a compelling alternative to Ethereum. While Ethereum remains a powerful and influential platform, Solana’s advantages in transaction speed and costs, coupled with its developer-friendly ecosystem, make it a strong contender for the future of blockchain technology.

Both Ethereum and Solana are likely to continue evolving and influencing the blockchain landscape. However, Solana’s advancements and practical solutions to some of the inherent challenges faced by Ethereum give it a distinct edge as we look towards the future of decentralized applications and token creation.

In conclusion, Solana’s impressive scalability, cost efficiency, and developer-friendly environment have positioned it as a leading force in the blockchain space. For those looking to leverage blockchain technology in 2024 and beyond, Solana offers a promising alternative that addresses many of the limitations of its predecessors, paving the way for a new era of innovation and growth in the decentralized world.

[infifashion]

Proof of Work vs. Proof of Stake: Unraveling the Two Pillars of Blockchain Consensus

Introduction

Blockchain technology, the underlying force behind cryptocurrencies, has transformed the way we perceive transactions and data integrity. At the heart of this innovation lies the concept of consensus mechanisms, essential for validating and securing the network. Two prominent consensus protocols have emerged: Proof of Work vs Proof of Stake. In this article, we will explore the fundamental differences between these two approaches, examining their benefits and drawbacks, and how they impact the blockchain ecosystem.

Proof of Work (PoW) Proof of Work was the first consensus mechanism introduced by the anonymous creator of Bitcoin, Satoshi Nakamoto. It operates on the principle of computational power and competition, requiring participants, known as miners, to solve complex mathematical puzzles to validate and add new blocks to the blockchain.

The process begins with a network-wide competition to find the solution to the cryptographic puzzle, often referred to as "mining." The miner who successfully solves the puzzle first gets the right to add the next block to the chain and is rewarded with newly minted coins and transaction fees. This energy-intensive process makes PoW renowned for its security and immutability, as altering past transactions would require an unfeasible amount of computational power.

Advantages of Proof of Work:

a. Security: The immense computational power needed to mine blocks makes PoW highly secure against malicious attacks. Any attempt to alter a transaction would require a majority control of the network, which becomes increasingly difficult as the network grows.

b. Decentralization: PoW networks are more decentralized initially, as anyone can join the network as a miner and contribute their computing power. This ensures a fair distribution of power and reduces the risk of centralization.

c. Battle-tested: PoW has been successfully deployed and tested for over a decade, proving its reliability as a consensus mechanism.

Disadvantages of Proof of Work:

a. Energy consumption: PoW's energy-intensive mining process has garnered criticism for its ecological impact. As mining becomes more competitive and the difficulty increases, so does the energy consumption, leading to concerns about sustainability.

b. Scalability: As the network grows, the computational requirements for mining also increase, potentially leading to slower transaction times and higher fees.

Proof of Stake (PoS) To address the environmental concerns and scalability issues associated with PoW, Proof of Stake was introduced as an alternative consensus mechanism. PoS operates on the basis of validators instead of miners. Validators are chosen to create new blocks and validate transactions based on the number of coins they hold and "stake" in the network.

Unlike PoW, PoS does not require intense computational calculations. Instead, validators are incentivized to act honestly by staking their own tokens as collateral. If a validator tries to approve fraudulent transactions, their staked tokens may be slashed as a penalty.

Advantages of Proof of Stake:

a. Energy efficiency: PoS consumes significantly less energy compared to PoW, making it a more environmentally friendly consensus mechanism.

b. Scalability: PoS is inherently more scalable as it doesn't rely on resource-intensive mining. This allows for faster transaction processing and potentially lower fees.

c. Decentralization incentives: PoS encourages decentralization by rewarding participants who hold and stake their coins, which can help prevent centralization tendencies.

Disadvantages of Proof of Stake:

a. Security concerns: Critics argue that PoS may be less secure than PoW, especially in the case of a "nothing at stake" problem, where validators might approve conflicting blocks and undermine the consensus.

b. Initial distribution: The fairness of the network is determined by the initial distribution of coins. Early adopters or large stakeholders may wield significant influence, potentially leading to centralization.

Conclusion

Both Proof of Work and Proof of Stake have their merits and challenges. While PoW remains a proven and robust consensus mechanism, it faces criticism for its energy consumption. On the other hand, PoS offers energy efficiency and potential scalability advantages but raises concerns about security and initial distribution.

As blockchain technology continues to evolve, various hybrid consensus mechanisms and novel approaches are being explored to strike a balance between security, decentralization, and sustainability. The choice between PoW and PoS ultimately depends on the specific needs and goals of a blockchain project, as well as the values of its community.

[kick-the-clouds]

Justice Over Closure

In the pursuit of justice, the stakes are high. It’s better to release a guilty person than to imprison an innocent one. This principle is not just a legal ideal; it’s a moral imperative.

The Presumption of Innocence

The legal system is built on the presumption of innocence. This means everyone is considered innocent until proven guilty. This principle safeguards individuals from wrongful convictions. It ensures that the burden of proof lies with the prosecution, not the defense. The risk of imprisoning an innocent person is too great a cost for society to bear.

The Cost of Wrongful Convictions

Wrongful convictions shatter lives. Innocent people lose years, sometimes decades, behind bars. Families are torn apart. Communities lose trust in the justice system. The real perpetrators remain free, posing a continued threat to society. The legal term “Blackstone’s ratio” encapsulates this: “It is better that ten guilty persons escape than that one innocent suffer.”

Closure vs. Justice

Victims and their families deserve closure. But closure should not come at the expense of justice. A wrongful conviction might provide a temporary sense of resolution, but it doesn’t heal wounds. True justice ensures that the right person is held accountable, preventing further harm and fostering genuine healing.

A Call to Action

We must advocate for a justice system that prioritizes truth over expediency. Support organizations that work to exonerate the wrongfully convicted. Demand transparency and accountability in legal proceedings. Push for reforms that reduce the risk of wrongful convictions, such as improved forensic methods and better legal representation for the accused.

Conclusion: A Just Society

A just society values truth and fairness above all. By ensuring that no innocent person is wrongfully imprisoned, we uphold the integrity of our legal system. Justice is not just about punishing the guilty; it’s about protecting the innocent. Let’s strive for a world where justice prevails, not just for some, but for all.

[parkeradam]

How to Build a Cryptocurrency from Scratch in 2025

The cryptocurrency industry continues to evolve in 2025, driven by innovation in decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain scalability solutions. With institutional investors entering the market and the rise of regulatory frameworks across the globe, the landscape is more stable yet increasingly competitive. Businesses and developers seeking new digital assets must understand cryptocurrency development principles and align their token strategies with market trends.

This article is a complete guide to building your cryptocurrency development from scratch in 2025. Learn the essential steps, tools, technologies, and expert tips to launch a successful digital asset in today’s evolving blockchain ecosystem.

What is Cryptocurrency?

Cryptocurrency is a digital asset that leverages blockchain technology for decentralization, security, and transparency. Unlike traditional fiat currencies, cryptocurrencies operate on a peer-to-peer network without a central authority. They can be used for payments, investments, and even governance in decentralized ecosystems.

Cryptocurrencies are built on blockchain protocols, typically utilizing consensus mechanisms like Proof of Work (PoW) or Proof of Stake (PoS). The choice of consensus mechanism impacts transaction speed, security, and scalability—factors that must be considered during cryptocurrency development.

Understanding the Coin and Token

While people often use "coin" and "token" interchangeably, they have distinct differences in the crypto world.

Coin:

1. Cryptocurrencies operate on own blockchain  (e.g., Bitcoin, Ethereum).

2. Functions as a primary currency in its ecosystem.

3. Requires extensive cryptocurrency development for scalability and security.

Token:

1. Built on existing blockchains like Ethereum, Binance Smart Chain, or Solana.

2. Tokens represent assets, utilities, or governance rights.

3. Easier to create with standardized smart contract frameworks.

Why Should You Create Your Own Cryptocurrency?

Developing a crypto token opens a world of opportunities, whether for fundraising, ecosystem growth, or business innovation. Some key benefits include:

1. Decentralized Payments: Businesses can establish crypto-based payment systems.

2. Fundraising & Crowdfunding: Tokens help raise capital through initial coin offerings (ICOs) or security token offerings (STOs).

3. Governance & Utility: Projects can implement decentralized decision-making.

4. Brand Recognition: A unique crypto token enhances brand identity within blockchain ecosystems.

One-by-One Guide to Cryptocurrency Development

1. Define Your Crypto Token’s Purpose

Before diving into development, establish the token’s functionality:

1. Utility Token: Used within a platform (e.g., Ethereum’s ERC-20 tokens).

2. Security Token: Represents an asset or stake in a company.

3. Governance Token: Enables voting rights in decentralized systems.

2. Choose the Right Blockchain

Each blockchain offers unique benefits:

1. Ethereum: Popular for smart contract development (ERC-20, ERC-721).

2. Binance Smart Chain: Lower transaction fees and fast processing.

3. Solana: High-speed transactions with scalable architecture.

3. Develop the Smart Contract

Smart contracts define token rules, transactions, and security measures. Using Solidity (Ethereum) or Rust (Solana), developers create programmable contracts that govern token interactions.

4. Implement Tokenomics

Tokenomics determines supply, utility, and incentives for users. Consider:

1. Total Supply: Fixed vs. mintable tokens.

2. Distribution: ICO, airdrops, staking rewards.

3. Burn Mechanism: Token deflation strategies.

5. Secure Your Token

Ensuring security is paramount. Conduct audits to prevent vulnerabilities like reentrancy attacks or logic flaws.

6. List Your Token on Exchanges

To gain liquidity, list your token on decentralized (DEX) or centralized (CEX) exchanges. Platforms like Uniswap, Binance, and Coinbase facilitate token trading.

7. Market and Build Community

A successful cryptocurrency project thrives on community engagement. Utilize social media, influencers, and forums to establish credibility and attract users.

Launch Your Own Cryptocurrency with Us

If you're looking for a cryptocurrency launch, developing with an experienced cryptocurrency development company like Security Tokenizer simplifies the process. From smart contract creation to exchange listings, expert guidance ensures that your token complies with security standards and market demands.

A professional team can assist with:

1. Smart Contract Audits: Prevent security vulnerabilities.

2. Token Listing & Liquidity Strategies: Ensure broad adoption.

3. Marketing & Community Building: Drive awareness and trust.

Final Thoughts

Building a crypto token in 2025 requires technical expertise, strategic planning, and market awareness. Whether you're a startup or an established enterprise, leveraging cryptocurrency development best practices will shape the success of your digital asset.

By following this comprehensive guide, you can navigate the complexities of blockchain and confidently launch your own cryptocurrency. Whether for innovation, fundraising, or decentralized solutions, a well-designed token strengthens blockchain ecosystems and drives financial inclusivity.

[quidminer]

PoS vs PoW ETH quidminer.com

PoS vs PoW ETH quidminer.com is a critical discussion in the world of cryptocurrency mining. Understanding the differences between Proof of Stake (PoS) and Proof of Work (PoW) is essential for miners aiming to maximize their profits. Ethereum (ETH), one of the leading cryptocurrencies, has been transitioning from PoW to PoS, marking a significant shift in the mining landscape.

In the PoW mechanism, miners compete to solve complex mathematical puzzles to validate transactions and create new blocks. This process requires substantial computational power and energy, making it costly and environmentally taxing. On the other hand, PoS relies on validators who stake their own coins to participate in the network. This method is more energy-efficient and accessible to a broader range of participants.

For those interested in exploring profitable mining opportunities, platforms like https://paladinmining.com offer valuable resources and tools. Paladin Mining provides insights into the latest trends and technologies in the crypto mining sector, helping miners make informed decisions. Whether you're a seasoned miner or a newcomer, understanding the transition from PoW to PoS in ETH can significantly impact your strategy.

Moreover, quidminer.com serves as an excellent resource for miners looking to stay updated with the latest developments in the crypto world. It offers comprehensive guides, tutorials, and community support to help miners navigate the complexities of different mining algorithms and protocols. By leveraging these resources, miners can optimize their operations and enhance their earnings potential in the dynamic world of cryptocurrency.

quidminer.com

Paladin Mining

PaladinMining