What is BLOCKPOOL?
BLOCKPOOL is a pool of blockchain based solutions for multiple business verticals.
We deliver real world B2B solutions for a diverse portfolio of clients including
but not limited to: Arts & Media, Fintech, Brands, Music & Sports applications
We deliver real world B2B solutions for a diverse portfolio of clients including
but not limited to: Arts & Media, Fintech, Brands, Music & Sports applications
About the BLOCKPOOL Token Exchange Campaign
BLOCKPOOL's infrastructure
& backbone is the BPL token. The BPL blockchain is a delegated proof
of stake (DPoS) chain which controls all our B2B contracts. In order to
scale the business effectively we are making the BPL token available
for exchange between May 1st and June 30th 2017. Please check the
documentation below for more information and how you can become a
participant.
What is DPOS?
Delegated Proof of Stake is a method for securing a digital token network,
processing transactions and achieving a distributed consensus regarding the
ownership of funds without the need for a central authority.
It evolved from the Proof of Stake system, which itself was developed in order to
reduce the cost and inefficient electricity usage associated with Proof of Work
systems such as the one used by Bitcoin.
The DPoS method was first implemented as Bitshares by the developer
Daniel Larimer. The main difference between PoS and DPoS is in the validation
of transactions. Regular PoS networks require full consensus to validate
whereas in a DPoS system a limited number of delegated nodes can be assigned
to validate consensus.
This system is attractive to the private Blockchain requirements of medium to
large businesses who may be part of a large network but have no requirement
for full (public) decentralisation.
We have found that this pseudo decentralised solution is both effective and
preferable to traditional decentralised digital currency systems.
We have taken inspiration from the pioneering work of Bitshares, Crypti, Lisk
and latterly ARK to construct a pure B2B data and transaction system that can
power and revolutionise the way medium and large scale businesses evolve and
improve. The BLOCKPOOL system provides a myriad improvements in the way
businesses operate and communicate. It promises a quantum shift that will
change the way we live and work not unlike the Industrial Revolution did at the
turn on the last century.
The BLOCKPOOL core code will always be freely available under the GPLv3
licence.
BLOCKPOOL (BPL) TEC Now Live (May 1st - June 30th 2017)
BLOCKPOOL (BPL) SPECIFICATION
• 201 delegates
• 15 second block times
• 25 million tokens + forging rewards of 5% Annual decreasing
1% per year until 1% Annual then switching to a fixed block
reward of 1 BPL/Block thereafter.
• 50.25 minute rounds
• Consensus System: DPoS (Delegated Proof Of Stake)
• Official Ticker: BPL
Bounties: https://blockpool.io/bounties.html
Useful links:
Resources: github.com/blockpool
Website: blockpool.io
Slack: slack.blockpool.io
Twitter: @blockpoolio
Blog: medium.com/blockpool
Facebook: facebook.com/blockpool.io
