Proof of Stake vs PoSDAO 🥊 ⠀ Because of the disadvantages of the proof-of-work consensus algorithm, which include high carbon footprint, slow transaction times and the absence of block finality, new blockchains are adopting the proof-of-stake protocol. This protocol allows anyone in the network to participate in maintaining the public ledger as long as they have a certain number of tokens in their wallets and stake them to get the role of a validator. ⠀ However, PoS is still a competitive algorithm, so the performance may be low as higher block times are needed to avoid possible competing forks. Moreover, validators with a large number of coins may have an excessive influence on the consensus process. To solve these issues, PoS can be implemented as a decentralised autonomous organisation (DAO). It works as a set of smart contracts and ensures a voting mechanism to elect validators candidates to be part of the active validator set for 12 hours. This combines greater efficiency, faster transaction times, dynamic blocktimes, instant finality from the HBBFT consensus engine with a highly decentralized node election mechanic from POSDAO. ⠀ DMDv4 utilises the POSDAO dPOS mechanic to randomly select 25 validators out of the pool of estimated 50 – 75 candidates every 12 hours and rewards them with DMD tokens. This makes the blockchain truly distributed and secure as it provides random rotation of power.

[ANN] WEMIX Token listing in Bybit Exchange Hello, this is WEMIX Team. WEMIX Token has been listed in cryptocurrency exchange “Bybit” in 2021, November 29th 10:00 (GMT). Bybit Exchange Listing ANN :

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1. Exchange : Bybit 2. Market : WEMIX/USDT 3. Schedule : 2021, Nov. 29th 10:00 (GMT) 4. Token : WEMIX Thank you, WEMIX Team.