Fichain Protocol
  • Fireal Mobile Chain say: "HELLO"👋🏻
  • Overview
    • The Problems
    • Introduction
  • POWS Algorithm Design
  • Hybrid POWS Works
    • Proof-of-Work (POW)
    • Proof-of-Stake (POS)
  • Benefits of POWS
  • System Architecture
  • Business Model
  • Ecosystem
  • Roadmap
  • Team & Backers
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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).

Fireal Mobile Chain:

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).

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Last updated 2 years ago