The Proof of Stake system does not provide a way to distribute coins at the initial, founding phase of a cryptocurrency. So, cryptocurrencies that use this system either begin with an ICO and sell their pre-mined coins, or begin with the Proof of Work system, and switch over later.
Blockchain smart contracts are finally good for something in the real world
A startup says it has tackled a long-standing problem that has kept smart contracts from responding to actual events.
Blockchain 2019: How crypto will convert cash, property into digital assets
While they're still nascent, new start-ups are launching that allow users to convert cash, property and digital assets into cryptocurrency that can be tracked and kept in a blockchain immutable record. But there are also some tall road blocks.
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