Our team is invited to take part in Ethereum hackaton.

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Our team is invited to take part in Ethereum hackaton.

Big Ethereum event coming to London on February 28 — the ETHLondon UK hackathon, run by ETHGlobal. It’s expected to be the biggest Ethereum event in London since Devcon 1 in 2015.

ETHGlobal hackathons are an amazing way to get more involved in the Ethereum community. There will be hundreds of hackers attending from all over the world, as well as notable speakers, mentors, and judges like Justin Drake, Austin Griffith, Min Teo, and many more.

Elanim Ecosystem is invited to participate.

Ethereum is number 2 cryptocurrency, an open source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. Ether is the cryptocurrency generated by the Ethereum platform as a reward to mining nodes for computations performed, known as Proof of Work.

Vitalik Buterin, Ethereum founder and Andrey Sidorchuk, Elanim Ecosystem, at Ethereum meeting, London, 2019

Ethereum is planning to switch to Proof of Stake freeing up vast computational resources of miners (millions of GPUs). Proof of Stake (PoS) is a burgeoning Sybil resistance mechanism that aims to have a digital asset (“token”) serve as security collateral in crypto networks.

The available hash power may be directed to decentralized grid computing projects like Elanim Ecosystem. Thus miners can still use their mining farms to earn by providing computing power to Elanim Core which then could compete with cloud computing services of Google and Amazon.

PoS getting more popular as environmentally and investors friendly solution and so there may be further drive of existing computational power to Elanim Core.

Website: www.elanim.io

Telegram: https://t.me/ElanimEcosystemCommunity

Telegram News: https://t.me/ElanimEcosystem

Twitter: https://twitter.com/ElanimEcosystem

Reddit: https://www.reddit.com/u/ElanimEcosystem

Steemit: https://steemit.com/@elanim



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