Proof Of Stake
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Proof Of Stake
Proof-of-stake (PoS) protocols are a class of consensus mechanisms for blockchains that work by selecting validators in proportion to their quantity of holdings in the associated cryptocurrency. This is done to avoid the computational cost of proof-of-work schemes. The first functioning use of PoS for cryptocurrency was Peercoin in 2012. Description For a blockchain transaction to be recognized, it must be appended to the blockchain. In the proof of stake blockchain the appending entities are named ''minters'' or (in the proof of work blockchains this task is carried out by the miners); in most protocols, the validators receive a reward for doing so. For the blockchain to remain secure, it must have a mechanism to prevent a malicious user or group from taking over a majority of validation. PoS accomplishes this by requiring that validators have some quantity of blockchain tokens, requiring potential attackers to acquire a large fraction of the tokens on the blockchain to mou ...
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Consensus (computer Science)
A fundamental problem in distributed computing and multi-agent systems is to achieve overall system reliability in the presence of a number of faulty processes. This often requires coordinating processes to reach consensus, or agree on some data value that is needed during computation. Example applications of consensus include agreeing on what transactions to commit to a database in which order, state machine replication, and atomic broadcasts. Real-world applications often requiring consensus include cloud computing, clock synchronization, PageRank, opinion formation, smart power grids, state estimation, control of UAVs (and multiple robots/agents in general), load balancing, blockchain, and others. Problem description The consensus problem requires agreement among a number of processes (or agents) for a single data value. Some of the processes (agents) may fail or be unreliable in other ways, so consensus protocols must be fault tolerant or resilient. The processes must someho ...
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Lecture Notes In Computer Science
''Lecture Notes in Computer Science'' is a series of computer science books published by Springer Science+Business Media since 1973. Overview The series contains proceedings, post-proceedings, monographs, and Festschrifts. In addition, tutorials, state-of-the-art surveys, and "hot topics" are increasingly being included. The series is indexed by DBLP. See also *''Monographiae Biologicae'', another monograph series published by Springer Science+Business Media *''Lecture Notes in Physics'' *''Lecture Notes in Mathematics'' *''Electronic Workshops in Computing ''Electronic Workshops in Computing'' (eWiC) is a publication series by the British Computer Society. The series provides free online access for conferences and workshops in the area of computing. For example, the EVA London Conference proceeding ...'', published by the British Computer Society References External links * Publications established in 1973 Computer science books Series of non-fiction books Springer ...
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IEEE Communications Surveys And Tutorials
''IEEE Communications Surveys & Tutorials'' is a quarterly peer-reviewed academic journal published by the IEEE Communications Society for tutorials and surveys covering all aspects of the communications field. The journal publishes both original articles and reprints of articles featured in other IEEE Communication Society journals. It was established in 1998 and the current editor-in-chief is Dusit (Tao) Niyato (Nanyang Technological University The Nanyang Technological University (NTU) is a national research university in Singapore. It is the second oldest autonomous university in the country and is considered as one of the most prestigious universities in the world by various inte ...). References External links * IEEE Communications Society Communications Surveys and Tutorials Quarterly journals English-language journals Publications established in 1998 Communication journals {{webzine-stub ...
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IEEE Access
IEEE Access is a peer-reviewed open-access scientific journal published by the Institute of Electrical and Electronics Engineers (IEEE). It was established in 2013 and covers all IEEE fields of interest. The founding editor-in-chief was Michael Pecht (University of Maryland) and the current editor-in-chief is Derek Abbott ( University of Adelaide). The journal won a PROSE Award in 2015 for the best new journal in science, technology, engineering, and mathematics. The journal is gold open access and charges a $1,850 Article Processing Charge which is scheduled to rise to $1,950 in 2023. Special sections The journal hosts special sections that highlight a specific topic of general IEEE interest. Associate editors propose a concentration area that emphasizes applications-oriented and interdisciplinary topics. Together with the editorial staff a "Call for Papers" is then sent to academic and industrial researchers soliciting the submissions of manuscripts that identify and discuss t ...
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Erik Thedéen
Erik Hilding Thedéen (born 1 September 1963) is a Swedish economist, business leader and civil servant, who served as Director General of the Swedish Financial Supervisory Authority from 2015 to 2022. Since 1 January 2023 he serves as the Governor of Sveriges riksbank, the central bank of Sweden. After graduating from school in 1982, Thedéen completed his military service and continued his education at the Royal Swedish Naval Academy. Thedéen is a reserve officer in the Swedish Navy, trained for service on a patrol boat. Thedéen studied for a master's degree in economics at the Stockholm School of Economics 1985–1989. Thedéen has a history of roles in the financial industry, including roles as chief executive of KPA Pension, at the Swedish Ministry of Finance and as president of Nasdaq OMX Nordic in Stockholm Stockholm () is the Capital city, capital and List of urban areas in Sweden by population, largest city of Sweden as well as the List of urban areas in the ...
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European Securities And Markets Authority
The European Securities and Markets Authority (ESMA) is an independent European Union Authority located in Paris. ESMA replaced the Committee of European Securities Regulators (CESR) on 1 January 2011. It is one of the three new European Supervisory Authorities set up within the European System of Financial Supervisors. __TOC__ Overview ESMA works in the field of securities legislation and regulation to improve the functioning of financial markets in Europe, strengthening investor protection and co-operation between national competent authorities. The idea behind ESMA is to establish an "EU-wide financial markets watchdog". One of its main tasks is to regulate credit rating agencies. In 2010 credit rating agencies were criticized for the lack of transparency in their assessments and for a possible conflict of interest. At the same time, the impact of the assigned ratings became significant for companies and banks but also states. In October 2017, ESMA organised its first ...
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Bitcoin
Bitcoin ( abbreviation: BTC; sign: ₿) is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009, when its implementation was released as open-source software. The word "''bitcoin''" was defined in a white paper published on October 31, 2008. It is a compound of the words ''bit'' and ''coin''. The legality of bitcoin varies by region. Nine countries have fully banned bitcoin use, while a further fifteen have implicitly banned it. A few governments have used bitcoin in some capacity. El Salvador has adopted Bitcoin as legal tender, although use by merchants remains low. Ukraine has accepted cryptocurrency donations to fund the resistance to the 2022 Russ ...
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Energy Consumption
Energy consumption is the amount of energy used. Biology In the body, energy consumption is part of energy homeostasis. It derived from food energy. Energy consumption in the body is a product of the basal metabolic rate and the physical activity level. The physical activity level are defined for a non-pregnancy, pregnant, non-lactation, lactating adult as that person's total energy expenditure (TEE) in a 24-hour period, divided by his or her basal metabolic rate (BMR): :\text=\frac Demographics Topics related to energy consumption in a demographic sense are: * World energy supply and consumption * Domestic energy consumption * Electric energy consumption Effects of energy consumption * Environmental impact of the energy industry ** Global warming * White's law Reduction of energy consumption * Energy conservation, the practice of decreasing the quantity of energy used * Efficient energy use See also * Efficient energy use, Energy efficiency * Energy efficiency in transpor ...
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University Of London
The University of London (UoL; abbreviated as Lond or more rarely Londin in post-nominals) is a federal public research university located in London, England, United Kingdom. The university was established by royal charter in 1836 as a degree-awarding examination board for students holding certificates from University College London and King's College London and "other such other Institutions, corporate or unincorporated, as shall be established for the purpose of Education, whether within the Metropolis or elsewhere within our United Kingdom". This fact allows it to be one of three institutions to claim the title of the third-oldest university in England, and moved to a federal structure in 1900. It is now incorporated by its fourth (1863) royal charter and governed by the University of London Act 2018. It was the first university in the United Kingdom to introduce examinations for women in 1869 and, a decade later, the first to admit women to degrees. In 1913, it appointe ...
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Fortune
Fortune may refer to: General * Fortuna or Fortune, the Roman goddess of luck * Luck * Wealth * Fortune, a prediction made in fortune-telling * Fortune, in a fortune cookie Arts and entertainment Film and television * ''The Fortune'' (1931 film), a French film * '' The Fortune'', a 1975 American film * Fortune TV, Burma * '' Fortune: Million Pound Giveaway'', a 2007 UK TV programme * "Fortune" (''Smallville''), a US TV episode Music * Fortune Records, 1946–1995 * Fortune (band), 1980s, US * The Fortunes, an English harmony beat group * ''Fortune'' (Beni album), 2011 * ''Fortune'' (Callers album) and its title song, 2008 * ''Fortune'' (Chris Brown album), 2012 * "Fortune" (song), by Nami Tamaki, 2005 * "Fortune", a song by Emma Pollock from ''Watch the Fireworks'', 2007 * "Fortune", a song by Great Big Sea from '' Sea of No Cares'', 2002 Sports and games * Fortune (''Metal Gear''), a video game character * Fortune (professional wrestling) Theatres * Fortune Playhouse, a ...
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New Scientist
''New Scientist'' is a magazine covering all aspects of science and technology. Based in London, it publishes weekly English-language editions in the United Kingdom, the United States and Australia. An editorially separate organisation publishes a monthly Dutch-language edition. First published on 22 November 1956, ''New Scientist'' has been available in online form since 1996. Sold in retail outlets (paper edition) and on subscription (paper and/or online), the magazine covers news, features, reviews and commentary on science, technology and their implications. ''New Scientist'' also publishes speculative articles, ranging from the technical to the philosophical. ''New Scientist'' was acquired by Daily Mail and General Trust (DMGT) in March 2021. History Ownership The magazine was founded in 1956 by Tom Margerison, Max Raison and Nicholas Harrison as ''The New Scientist'', with Issue 1 on 22 November 1956, priced at one shilling (a twentieth of a pound in pre-decimal UK cu ...
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Ethereum
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (Abbreviation: ETH; sign: Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin. Additional founders of Ethereum included Gavin Wood, Charles Hoskinson, Anthony Di Iorio and Joseph Lubin. In 2014, development work began and was crowdfunded, and the network went live on 30 July 2015. Ethereum allows anyone to deploy permanent and immutable decentralized applications onto it, with which users can interact. Decentralized finance (DeFi) applications provide a broad array of financial services without the need for typical financial intermediaries like brokerages, exchanges, or banks, such as allowing cryptocurrency users to borrow against their holdings or lend them out for interest. Ethereum also allows users to create and exchange NFTs, which are un ...
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