Skip to content
  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
Daily News India

Daily News India

Just another WordPress site

  • English
  • Business
  • Entertainment
  • National
  • Lifestyle
  • Education
  • Toggle search form
  • Tanzanian star Shaykaa supports President Samia Suluhu Hassan’s royal tour Lifestyle
  • StratefiX Consulting’s DRISHTI – SME HR Awards to recognise outstanding achievements Business
  • Global Challenge for High School Students and Teachers to Tackle Climate Crisis Launches Ahead Of COP28 Press Release
  • WiredUp, the first global corporate banking marketplace launched by ex-banker Sonali Puri Business
  • Chief Minister Bhupendra Patel unveils “Dr. Ravi Rao’s Vaastu Shastra for Everyone” Business
  • BigBloc Construction Ltd reports Revenue from Operations of Rs. 51.66 crore Business
  • CREDAI-MCHI Golden Pillar Awards,  THE “OSCARS” OF THE REAL ESTATE IS BACK Lifestyle
  • The World to Witness the Launch of the Lightest and Fastest Car Ever, an Electric Hypercar, Ekonk Business

Block Beats Company Now Launching BITICA Delegated Proof of Stake [DPOS] Blockchain World Wide Live On 28th September 2023

Posted on September 23, 2023 By

Dubai (UAE), September 23: According to DR. SAHIL KADARI, CEO/CMD/Founder of Block Beats Company, blockchain represents the future of the next generation and one of the best investment prospects of our time. He is still investigating the applications and development potential of blockchain technology. He has also received several honours, including the Nelson Mandela Award, 

Indian Iconic Business Award Category: Award for contribution to Blockchain & crypto currency industries 2023, and Indian Glory Award, to mention a few.

He also has the distinction of being India’s youngest PhD in Blockchain technology. He established Block Beats project management services LLC, Bitica Blockchain labs payment services, Bitica coin FZCO company in registered Dubai [UAE].

Block Beats Company Now Launching BITICA Delegated Proof of Stake [[DPOS] Blockchain World Wide On 28th September, 2023 Bitica blockchain believes in financial freedom and economic independence, which is easily possible through transparent & secured transaction using BDCC coin and its house products like the Bitica Launchpad, Bitica Exchange, Bitica NFT Market Place and Bitica Wallet.

What Is Delegated Proof of Stake?

Delegated Proof of Stake (DPoS) is a consensus mechanism that is a variation of the classic Proof of Stake (PoS) system. DPoS evolved from PoS and allows users of the network to vote in delegates who then validate blocks. In this article, we take a look at what makes it unique.

DPoS is Proof of Stake (PoS) with a slight difference: In DPoS, users vote in delegates, also known as validators, to verify and produce blocks. After they successfully produce a block, these validators may then distribute their block rewards to those who voted for them.

EOS, Bit Shares, and TRON are just a few of the projects that utilise DPoS to power their blockchains.

PoW vs. PoS/DPoS

Although Proof of Work (PoW) offers strong security, it lacks energy efficiency and scalability. With PoW, miners compete with one another in solving complex mathematical problems that require a tremendous amount of computing power to complete and validate transactions.

PoS, on the other hand, requires members to stake a number of previously determined tokens that act as collateral for the PoS system to ensure all validators act honestly. If any validators were to fail to act honestly, they would lose their validator status. 

While DPoS has many similarities to PoS, the main difference is that it uses a more democratic approach and allows users who stake to vote for which delegates they want to verify blocks.

Conclusion: DPoS is an opportunity for individuals to contribute to a blockchain network, even without large amounts of funds to obtain mining gear. DPoS systems, however, are not perfect and face shortcomings, such as issues surrounding decentralisation. 

While no system is perfect, blockchains continue to advance and create new, improved systems. Check out our guide on Web 3.0 and how we are heading for a decentralised future.

Official website:http://biticablockchain.com/

Official twitter:https://x.com/thebitica/status/1705137894959050806?s=20

https://x.com/BLOCKBEATSCEO/status/1705139014611706313?s=20

If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Technology Tags:technology

Post navigation

Previous Post: ISBR Launches the Post Graduate Program in Business Intelligence and Analytics (PGBIA) for Working Professionals
Next Post: Solanki Group: From Textile Trading to Tea and Textile Spare Parts Empire

Related Posts

  • CES 2021 : Kingston Previews New NVMeSSD Lineup and Launches Kingston Workflow Station along with Readers English
  • Vertex Global Services Expands Its Operations into Nepal Nepal is the fifth country where Vertex Global Services Operates English
  • PMaps Collaborates With DIGIVARSITY by TeamLease EdTech To Upskill Talent Technology
  • Focally Introduces Spectunes: The worlds first Smart Glasses with Swappable Frames and 16.7M Colors Technology
  • Uno Minda Launches India’s First GPT-Enabled WTUNES-464DN-GPT Android Music System Technology
  • Infinova to Spearhead Commercial HD Security Camera Market in 2023 Technology

Recent Posts

  • Midora Steam Oven’s Revolutionary Steam Technology by Hafele
  • Neetu Yoshi Limited IPO Opens on June 27, 2025
  • Shera Energy Deepens Global Integration with Zambian Copper Facility
  • Panchshil Bombay Sappers Soldierathon – A Tribute to the Heroes of Indian Armed Forces
  • Champions Choose The Best Tools: Golden Bullet’s Latest Film with Manu Bhaker Honors Skilled Professionals

Recent Comments

  • Unknown on Participants Reap Rewards in Wellman’s 8-Week Digital Campaign: IPL Tickets, Autographed Virat Kohli Merchandise, and More!
  • Kenrik Industries Ltd plans to raise up to Rs. 8.75 crore from Public Issue; IPO open till May 6, 2025 Finance
  • Rajasthan’s Sarpanch initiates the ‘Garbage Free Marriage Functions’ Campaign Press Release
  • Vishal Vira and Satish Chheda’s Hitanshi Marketing Redefines Premium Interior Decorative Products Business
  • The Evolution of Building Codes- How Technology is Changing the Landscape Business
  • Tedco and Goodrich Introduces Tedco Goodrich Chefs Academy Business
  • Fat Tiger: How Two Founders are Transforming the QSR Landscape in India Business
  • CEO of Melvano, Taran Singh is set to transform the Edtech sector with AI-driven coursework Business
  • India’s First Mental Health Education Program: Empowering Teachers and Upskilling for the 21st Century Health

Copyright © 2025 Daily News India.

Powered by PressBook News WordPress theme