The Whive Network is now live with the first block being created at 19:39:20 UTC on Sunday 02/02/2020. Whive, is a peer-to-peer blockchain protocol that is incentivizing the building of sustainable energy solutions through Trustless Rewards. The protocol achieves this through a hybrid Proof-of-Work(POW) & Proof-Of-Stake(POS) consensus algorithm that favors devices with CPU(small) processors & are located in regions with…
In this episode, the focus is on the role of incentives in blockchain technology, specifically in Bitcoin, to ensure network security. Two main consensus algorithms for providing these incentives are discussed: Proof of Work (PoW) and Proof of Stake (PoS). In PoW, miners use computational power to solve complex equations, thereby creating new coins and…
“Chi da savio operar vuole, pensi al fine.” An Italian proverb to allude to Charles Ponzi’s descent to mean Think on the end before you begin, buyer beware.When I think about Ponzi schemes and the people who perpetrate them, one thing comes to mind- that the best ponzis happen around, within an innovation. Bitcoin is…
In this episode, we discuss the recent political upheaval in Sri Lanka due to high inflation and examines the role of cryptocurrencies like Bitcoin in the global economy. The conversation explores the evolving definitions and forms of money, from barter systems to digital currencies. We emphasize that Bitcoin serves as digital money, sharing similar properties…
FOR IMMEDIATE RELEASE, Nairobi, Kenya: September 30, 2019 BitHub.Africa, a Blockchain Accelerator focused on driving Financial and Energy access across Africa is announcing the launch of Melanin Academy which will provide a 6-month long Blockchain Engineering Training and Internship program to selected youth across the African continent. This will be done in partnership with KubitX a…
In a live episode discussing Black individuals in the cryptocurrency space, the hosts introduce John Karanja, a pivotal figure in the community. John, is an admin of “Black People in Cryptocurrency” Facebook group and a contributor for the Whive protocol, the first African-led blockchain decentralized proof-of-work blockchain. The conversation initially dives into the controversial statement…
