Gulden is set to implement Proof of Work 2.0 also known as PoW² latest by July this year. The digital cryptocurrency that has tagged itself as user-driven insists this new technology will tremendously enhance its security and provide economic incentives for holders.
In a chat with Cointelegraph, Gulden Lead Dev, Malcolm Macleod who is the mastermind of PoW², says what the technology is going to do to advance it to the crypto space.
He intimated that his outfit has taken a long hard look at various usability issues that stand in the way of their current goals. He also identified several limitations of current Blockchain systems that repeatedly stick out as key usability issues that need to be solved.
According to Macleod, they include issues like erratic block times, slow transaction confirmations, and the risk of double spends among others.
Full story at http://bit.ly/2qMCvMo
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