Proof-of-work blockchains are secured by proving the consumption of a costly limited resource: electricity. Proof-of-stake replaces this expensive security protocol by utilizing an alternative scarce resource: time.
Due to the cost efficient nature of proof-of-stake’s time based consensus rules, INFOcoin is capable of allowing any network connected computer to participate in the blockchain’s security process. This efficiency strengthens INFOcoin by growing the number of security providers and ensuring that security can be sustained over the long-term.
In INFOcoin, coin owners (stakeholders) are the ones who wield influence over the network, produce new blocks, and secure the chain. Stakeholders of INFOcoin co-own the blockchain and collectively decide its future through protocol voting.
Voting is carried out the same way INFOcoin is secured, through a process called proof-of-stake minting. Stakeholders participate in minting simply by installing the version of INFOcoin they support, loading their wallet with INFO, and holding them while they are occasionally selected by INFOcoin’s protocol to mint the next block in the chain. Every minted block rewards stakeholders with new INFO and a vote.
This makes INFOcoin the blockchain capable of allowing its protocol rules to be governed directly by its users, making for a network that is more decentralized, democratic, and easily secured by people around the world.
ABOUT INFO TOKEN:
AIRDROP INFO TOKEN:
Distribution of released tokens:
release of 100 million tokens
distribution in airdrop 90 million tokens
project development 10 million tokens
Airdrop will last until the full distribution of coins among the participants.
Airdrop assessment daily at 07:00 PM on London time
Airdrop is carried out daily until the total distribution of 90% of tokens.
Each INFO token holder will be eligible for INFOcoin – 1:1.
Partners and holders from the top 100 Lider Token are eligible for INFOcoin: 1 Lider = 0.25 INFOcoin