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BitcoinStake is an alternative to bitcoin legacy that uses delegated proof of stake instead of proof of work as its consensus algorithm.

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Bitcoin Stake

Bitcoin Stake is an experimental digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin Stake uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. For protocol implementation was used Bcoin, written in node.js.

Prerequisites

  • Node.js v8.2.0+
  • ~500GB of disk storage
  • ~4GB of RAM
  • Configuration

Configuration

The main configuration file is called "bitcore-node.json". This file instructs node for the following options:

  • location of database files (datadir)
  • tcp port for web services, if configured (port)
  • bitcoin network type (e.g. mainnet, testnet3, regtest), (network)
  • what services to include (services)
  • the services' configuration (servicesConfig)

Installation

Install the dependencies and devDependencies and start the server.

$ git clone git://github.com/bcoin-org/bitcoin-stake.git
$ cd bitcoin-stake/node1
$ npm install

Start node

$ node ./bitcore-node/bin/bitcore-node -- start

Implements

  • Full Node
  • SPV Node
  • Wallet Backend
  • Mining Backend
  • Increasing block size

About

BitcoinStake is an alternative to bitcoin legacy that uses delegated proof of stake instead of proof of work as its consensus algorithm.

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