The Dawn of Blockchain Meritocracy: Junaeth
The Stealth blockchain development team is proud to announce our new high performance consensus protocol will henceforth be called “Junaeth”.
— — — — — — —
Junaeth represents the dawn of #blockchainmeritocracy, where blockchain validators gain rights through purely economic mechanisms and are rewarded based solely on quantifiable performance.
Junaeth, formerly termed “qPoS”, is a unique reputation and stake-based consensus protocol that delivers one of the fastest blockchains in existence. Junaeth’s stake-based protocol obviates the political mess of so-called “delegated” systems where founders and insiders often have a corrupting influence on blockchain performance, governance, and development of a supporting ecosystem.
Along with being a blazing fast protocol, Junaeth is engineered to support transactions with full cryptographic privacy, making it the most technically capable consensus protocol available. Additionally, Junaeth’s consensus mechanism allows for sidechains, blockchain oracles, on-chain governance, and other advanced blockchain functionalities. For these reasons, we predict Junaeth will serve as a model for future high performance blockchains.
— — — — — — —
Hondo
— — — — — — —
