Forwarded from AMOLECOIN
Understanding Amolecoin
Amolecoin is a decentralized digital currency like Bitcoin. It uses the same encryption techniques to transfer and create funds and to confirm transactions. The main difference between Bitcoin and Amolecoin is that Amolecoin has a larger amount of coins that can be created and it has faster transaction rates.
FACT: Amolecoin was created in Feburary 2019 by the amole core developers. Based in Addis Ababa, Ethiopia.
How is Amolecoin Different From Bitcoin?
Without getting too technical, there isn’t much of a difference between Amolecoin and Bitcoin. Key differences include:
The rate at which transactions are confirmed: Bitcoin’s algorithm allows for one transaction to be added to the public ledger every 10 minutes, Amolecoin has a faster rate of confirmation at one per 2.5 minutes. In theory, this helps avoid one of the only types of fraud that can happen with cryptocurrency: “double-spending”.
The number of coins that can ever be created: Amolecoin’s algorithm will allow for a total of 84 million Amolecoins to be created. This max capacity is 4 times greater than that of Bitcoin, mirroring the 4 times faster rate of transaction confirmation (confirming transactions creates new coins via a process known as “mining“).
Slight differences in cryptography algorithms: Both coins use a proof-of-work algorithm, but while Bitcoin uses the SHA256 hashing algorithm, Amolecoin uses the scrypt hashing algorithm. In essence, this makes confirming Amolecoin transactions more CPU-intensive on machines designed to mine Bitcoin.
In other words, Amolecoin is in many ways an improved Bitcoin.
join us : t.me/amolecoin
t.me/amole_coin
Amolecoin is a decentralized digital currency like Bitcoin. It uses the same encryption techniques to transfer and create funds and to confirm transactions. The main difference between Bitcoin and Amolecoin is that Amolecoin has a larger amount of coins that can be created and it has faster transaction rates.
FACT: Amolecoin was created in Feburary 2019 by the amole core developers. Based in Addis Ababa, Ethiopia.
How is Amolecoin Different From Bitcoin?
Without getting too technical, there isn’t much of a difference between Amolecoin and Bitcoin. Key differences include:
The rate at which transactions are confirmed: Bitcoin’s algorithm allows for one transaction to be added to the public ledger every 10 minutes, Amolecoin has a faster rate of confirmation at one per 2.5 minutes. In theory, this helps avoid one of the only types of fraud that can happen with cryptocurrency: “double-spending”.
The number of coins that can ever be created: Amolecoin’s algorithm will allow for a total of 84 million Amolecoins to be created. This max capacity is 4 times greater than that of Bitcoin, mirroring the 4 times faster rate of transaction confirmation (confirming transactions creates new coins via a process known as “mining“).
Slight differences in cryptography algorithms: Both coins use a proof-of-work algorithm, but while Bitcoin uses the SHA256 hashing algorithm, Amolecoin uses the scrypt hashing algorithm. In essence, this makes confirming Amolecoin transactions more CPU-intensive on machines designed to mine Bitcoin.
In other words, Amolecoin is in many ways an improved Bitcoin.
join us : t.me/amolecoin
t.me/amole_coin
Be sure to team up and join our hub... go to the link below to create or join a team. The contest will start at 17:30 UTC or 02:00 Local Time. Looking forward to seeing all the participants...
A Seminar not to miss:
There is a seminar being held on Wednesday (March 13, 2019) through CSE club.
Presenter: Kibru Demeke
Topic: Open Source - What, Why and How ... ?
Day: Wednesday (March 13) - 11:30 (local time) in the afternoon
Venue: Building 508 Room 10
Don't miss it!
There is a seminar being held on Wednesday (March 13, 2019) through CSE club.
Presenter: Kibru Demeke
Topic: Open Source - What, Why and How ... ?
Day: Wednesday (March 13) - 11:30 (local time) in the afternoon
Venue: Building 508 Room 10
Don't miss it!
Forwarded from Programming
Top 50 Dynamic Programming Practice Problems
https://medium.com/@codingfreak/top-50-dynamic-programming-practice-problems-4208fed71aa3
https://redd.it/b24hsg
@r_Pr0gramming
https://medium.com/@codingfreak/top-50-dynamic-programming-practice-problems-4208fed71aa3
https://redd.it/b24hsg
@r_Pr0gramming
Medium
Top 50 Dynamic Programming Practice Problems
Dynamic Programming is a method for solving a complex problem by breaking it down into a collection of simpler subproblems, solving each of…
Forwarded from Programming
Open Source Doesn’t Make Money Because It Isn’t Designed to Make Money
http://www.ianbicking.org/blog/2019/03/open-source-doesnt-make-money-by-design.html
https://redd.it/b30m3s
@r_Pr0gramming
http://www.ianbicking.org/blog/2019/03/open-source-doesnt-make-money-by-design.html
https://redd.it/b30m3s
@r_Pr0gramming
reddit
r/programming - Open Source Doesn’t Make Money Because It Isn’t Designed to Make Money
0 votes and 1 comment so far on Reddit
❕❕A Seminar not to miss:❕❕
There is a seminar being held today 12:00 (local time).
Venue: Building 508 Room 9
✅✅ Don't miss it! ✅✅
There is a seminar being held today 12:00 (local time).
Venue: Building 508 Room 9
✅✅ Don't miss it! ✅✅
‼️‼️‼️CSEC Tutorials‼️‼️‼️
»1st Year Students
Time: 8:00 am Local Time
Venue: B-513
»2nd Year Students
Time: 2:30 am Local Time
Venue: B-513
🔵🔵🔵🔵🔵🔵🔵🔵🔵🔵
»1st Year Students
Time: 8:00 am Local Time
Venue: B-513
»2nd Year Students
Time: 2:30 am Local Time
Venue: B-513
🔵🔵🔵🔵🔵🔵🔵🔵🔵🔵