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RE: 📶📱GoNetwork - " OFF Line Transactions" "Highly Scalable" "Mobile First Network"🚀

in #cryptocurrency • 7 years ago (edited)

The Ethereum team and community is working on it, but their solutions are not a permanent answer.

I think the Casper transition from POW to POS is quite a permanent solution. POW is what makes coins slow and inefficient.

The team is developing their system to run on a mobile based app rather than a PC one.

Does this mean that all mining and block confirmations will be done on phones alone? I've been looking for a coin like that.

Edit:
I've been reading their site and it looks a lot like the Lightning Network. Looks promising.

7 years ago in #cryptocurrency by
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     7 years ago  

    Yes this is one ICO I really really liked myself.
    It is mobile based but not only mobile, although it is geared towards mobile.

    I agree with POS being more energy and cost saving options and we see the trend moving from POW to POS in recent days.

    I am really looking forward for the whitepaper. I found this ICO to be the most interesting one this year so far. Also, they have some what of a working platform which is Icing on the cake :)