In this post, we explain why we chose to build on EOS — and list the numerous advantages that POW Ecosystem has over most crypto exchanges and value allocation projects.
Ethereum may have the most dApps built on it, but it doesn’t make it the best platform for decentralized applications. Quite the contrary: Ethereum is slow, costly, and inefficient. A spike in user activity in one app can bring the whole network to a halt, like it occurred with the game CryptoKitties a couple of years ago. Every transaction is subject to a gas fee. …
Our platform relies on two different EOS-based tokens: POW and POWx. Why do we need two separate assets? This post will provide an explanation.
All internal processes in POW Ecosystem are governed by complex mathematical algorithms. The platform works as a perfect economic simulation, with tokens seamlessly generated and burned and dividends accruing to all token holders. It is a streamlined and rational system, which doesn’t require human control. That’s what the original ideals of decentralization are all about: building economic systems that eliminate the need for supervision and intermediaries. Every placed order triggers the smart contract, which completes the transaction. The result is recorded on the blockchain and remains there, immutable.
This framework centers around the POW token. Unlike cryptocurrencies like Ethereum or…
In our first post, we explain what the name POW Ecosystem means and how it uses algorithms to reallocate value among users
You might be familiar with the acronym POW. It means “proof of weak hands”: in the world of crypto, users who can’t hold on to their assets and sell them are considered to have “weak hands”. By contrast, having strong hands means HODLing your crypto — that is, holding to it for a long time. Most crypto assets tend to rise in value over the course of several years, so users with stronger hands usually win in the end.
The problem with holding onto most crypto coins is that they don’t bring you any gain until you sell them. They…
POWh Fund
A decentralized cryptocurrency exchange and value allocation system built on the EOS blockchain.
