Benefits of POWS
Fireal Mobile Chain is a next-generation smart contract enabled hybrid POW/POS public blockchain protocol governed by its participants through its Decentralised Autonomous Organisation (DAO).
Blends Accessibility - Combining PoW and PoS consensus mechanisms creates a more significant community engagement across the network.
Fairness - all users, regardless of experience, have an equal ability to vote based on their stake in the currency.
Security - with PoS validating PoW, the ability for a 51% attack to be launched and the potential for fraudulent miner activity is reduced.
Stability - encouraging the community as a collective to vote on protocol changes increases the strength of the network and creates an opportunity for a Decentralized Autonomous Organisation (DAO).
Last modified 2mo ago