Silicoin(SIT): Combining Proof-of-Work and Proof-of-Stake Securely

Bitcoin-like blockchains use a proof-of-work (PoW) mechanism, where security holds if the majority of the computing power is under the control of honest players. However, this assumption has been seriously challenged recently, and Bitcoin-like systems fail if this assumption is violated. In this work Silicoin propose a new blockchain structure that combines PoW and proof-of-stake […]

Silicoin——The Future of Blockchain Mining

Looking into the current mainstream encrypted digital currencies, BTC mining is not environmentally friendly and has been hit by many countries; the mining situation of ETH after being converted to POS is still unknown; FIL mining cannot temporarily solve the problems of staking cost and effective data; the threshold of Chia is too low, which […]

Domino changed to Silicoin Network and SIT is instead of XDO

Recently, many community members told the team of Domino network that they disappointed in the names being chosen for this new worldwide currency. These names need to be something clever about being a universal, comprehensive, omnipresent, all-inclusive virtual currency or something. Then most of them wish domino network can be changed. Therefore, domino network changed […]

Domino changed to Silicoin Network and SIT is instead of XDO

Recently, many community members told the team of Domino network that they disappointed in the names being chosen for this new worldwide currency. These names need to be something clever about being a universal, comprehensive, omnipresent, all-inclusive virtual currency or something. Then most of them wish domino network can be changed. Therefore, domino network changed […]