Creating blockchain governance models is no easy feat and many of the brightest minds with Ph.D.’s research the models extensively before formulating something that can work. In this post, we will contrast Proof-of-Stake (PoS) with Proof-of-Work (PoW), seek to understand why ICON’s Delegated Proof-of-Contribution (DPoC) model is an effective, incentive-based system, recap staking, and lastly discuss inflation.
Tezos has had an unbelievable year and it didn’t come quick to get to the point where the protocol is today. From early problems with the foundation, disgruntled factions, and many more issues in the early days – we can essentially compare Tezos’ story to that of a “Phoneix rising from the ashes“.
Recently, I had the chance to speak with and interview Edouard Lavidalle of POS Bakerz, a fellow ICON P-Rep candidate. We discussed events going on in Tezos, Cosmos, and of course, ICON!
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