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Merge pull request #79 from Sentinelrv/patch-1
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Update index.html
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@peerchemist
peerchemist committed Feb 14, 2019
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<script language="javascript" type="text/javascript" src="menu.html"></script>
<div id="header-content" class="center-content">
<img class="main_logo" src="img/logo_main.svg" alt="" style="margin-top: 15vh; margin-bottom: 7vh">
<h1 class="title_home" style="margin-top: 0vw; margin-bottom: 2vw">The Pioneer of Proof of Stake</h1>
<p class="desc">The world's first efficient and sustainable public blockchain, serving as a secure base layer for the future blockchain connected world.</p>
<h1 class="title_home" style="margin-top: 0vw; margin-bottom: 2vw">Pioneer of Proof of Stake</h1>
<p class="desc">The world's first efficient and sustainable public blockchain, serving as a secure base layer and cryptocurrency for the future blockchain connected world.</p>
<div class="buttonWrapHome">
<!-- Needs a link -->
<a href="index.html#getstarted"><button class="reverse">Get Started</button></a>
<a href="https://peercoin.github.io/PeercoinUniversity/#/9-peercoin-proof-of-stake-consensus"><button>What is Peercoin?</button></a>
</div>
</div>
</section>
<!-- Efficient and Sustainable Security -->
<!-- Efficient Security -->
<section id="three">
<!-- WOW JS -->
<script src="js/wow.min.js"></script>
Expand All @@ -51,40 +51,41 @@ <h1 class="title_home" style="margin-top: 0vw; margin-bottom: 2vw">The Pioneer o
<div class="container">
<div data-wow-delay=".2s" class="row wow fadeIn">
<div class="col-md-6 content-wrapper">
<h1 class="titlethick">Efficient & Sustainable Security</h1>
<h1 class="titlethick">Efficient Security</h1>
<p class="desc">
Peercoin first came online in 2012, making it one of the earliest pioneering
blockchains. The key innovation of Peercoin is its invention of proof-of-stake,
an alternative consenus protocol to Bitcoin’s proof-of-work. <br/><br/>
Proof-of-work blockchains are secured by proving the consumption of a
costly limited resource: energy. Proof-of-stake replaces this security
Peercoin (PPC) first came online in 2012, making it one of the earliest
pioneering blockchains. The key innovation of Peercoin is its invention
of proof-of-stake, an alternative consensus protocol to Bitcoin’s proof-of-work. <br/><br/>
Proof-of-work blockchains are secured by proving the consumption of a costly
limited resource: electricity. Proof-of-stake replaces this expensive security
protocol by utilizing an alternative scarce resource: time.<br/><br/>
Due to the cost efficient nature of proof-of-stake’s time based consensus
rules, Peercoin is capable of allowing any network connected computer to
participate in the blockchain’s security and block production process. Not only does this efficiency strengthen Peercoin by growing the number of
security providers, it ensures that security can be sustained in the long-term.
Due to the cost efficient nature of proof-of-stake’s time based consensus rules,
Peercoin is capable of allowing any network connected computer to participate in
the blockchain’s security process. This efficiency strengthens Peercoin by growing
the number of security providers and ensuring that security can be sustained over the long-term.
<br>
<!--<button class="shadow">Learn More</button>-->
</div>
<div class="col-md-6 image-wrapper">
<img src="img/animations/efficient-and-sustainable.svg" alt="">
</div>
</div>
<!-- Direct User Governance -->
<!-- User Governance -->
<div data-wow-delay=".2s" class="row wow fadeIn">
<div class="col-md-6 content-wrapper">
<h1 class="titlethick">User Driven Governance</h1>
<h1 class="titlethick">User Governance</h1>
<p class="desc">
In Peercoin, coin owners are the ones who wield influence over the network,
produce new blocks, and secure the chain. Stakeholders of Peercoin co-own
the blockchain and collectively decide its future through protocol voting.<br/><br/>
Voting is carried out by stakeholders simply by installing the version of
Peercoin they support, loading their wallet with coins, and letting them sit
while they are occasionally selected by the protocol to mint the next block.
Every minted block rewards stakeholders with new peercoins and a vote.<br/><br/>
This makes Peercoin the first blockchain capable of allowing its protocol
rules to be governed directly by its users; making for a network that is more
decentralized, democratic, and easily secured by people around the world.
In Peercoin, coin owners (stakeholders) are the ones who wield influence over
the network, produce new blocks, and secure the chain. Stakeholders of Peercoin
co-own the blockchain and collectively decide its future through protocol voting.<br/><br/>
Voting is carried out the same way Peercoin is secured, through a process called
proof-of-stake minting. Stakeholders participate in minting simply by installing
the version of Peercoin they support, loading their wallet with PPC, and holding
them while they are occasionally selected by Peercoin’s protocol to mint the next
block in the chain. Every minted block rewards stakeholders with new PPC and a vote.<br/><br/>
This makes Peercoin the first blockchain capable of allowing its protocol rules to
be governed directly by its users, making for a network that is more decentralized,
democratic, and easily secured by people around the world.
<br>
<!--<button class="shadow">Learn More</button>-->
</div>
Expand All @@ -97,66 +98,72 @@ <h1 class="titlethick">User Driven Governance</h1>
<div class="col-md-6 content-wrapper">
<h1 class="titlethick">Trustless Base Layer</h1>
<p class="desc">
Given that the blockchain is immutable by its nature and all recorded data is
stored forever, chain bloat becomes an escalating problem at higher usage
Given that the blockchain is immutable by its very nature and all recorded data
is stored forever, chain bloat becomes an escalating problem at higher usage
levels which harms both security and the ability of the network to scale. <br/><br/>
To preserve the trustless security of the blockchain and ensure its ability to
scale to global usage levels, Peercoin’s inventor tailored the blockchain and
its economics to fulfill the specific role of base layer settlement network.<br/><br/>
This role focuses development on modularity, keeping the protocol simple
and secure with as few features as possible, while maintaining Peercoin as a
stable base upon which any number of additional layers can be built on top.<br/><br/>
Rather than being coded directly into the blockchain protocol, features like
tokens and smart contracts are developed as independent secondary layer
protocols on top of Peercoin. Building separate layers helps protect the base
layer blockchain from new exploits, chain bloat, and allows proper scalability.
To preserve the trustless security of the blockchain and ensure its ability to scale
to global usage levels, Peercoin’s inventors tailored the blockchain and its economics
to fulfill the specific role of base layer settlement network.<br/><br/>
This role focuses Peercoin development on modularity, keeping the protocol simple and
secure with as few features as possible, while maintaining the blockchain as a stable
base upon which any number of additional layers can be built on top.<br/><br/>
Rather than being coded directly into the blockchain protocol itself, features like
tokens and smart contracts are developed as secondary layer protocols that exist on
top of Peercoin. Building additional functionality as separate, independent layers
helps protect the base layer blockchain from exposure to new exploits and prevents
chain bloat by allowing for off-chain scaling solutions.
<br>
<!--<button class="shadow">Learn More</button>-->
</div>
<div data-wow-delay="3s" class="wow col-md-6 image-wrapper">
<img src="img/animations/trustless-base-layer.svg" alt="">
</div>
</div>
<!-- PoS Security and PoW Distribution -->
<!-- Fair Distribution -->
<div data-wow-delay=".2s" class="row wow fadeIn">
<div class="col-md-6 content-wrapper">
<h1 class="titlethick">PoS Security & PoW Distribution</h1>
<h1 class="titlethick">Fair Distribution</h1>
<p class="desc">
Peercoin is the first hybrid blockchain: utilizing proof-of-stake to provide
security for the network and proof-of-work for distribution of new coins.<br/><br/>
A flower blooming in the wild occasionally produces seeds, which spread
around over time and grow into new flowers. The hybrid design of Peercoin
imitates this by spreading proof-of-work rewards to miners who then sell the
newly minted coins on exchanges for profit. These peercoin are purchased by
new stakeholders around the world who use them for proof-of-stake minting.<br/><br/>
So while proof-of-stake in Peercoin provides security directly, proof-of-work
is designed to do so indirectly by strengthening the decentralization of the
network through a wider distribution of peercoin to new potential minters.<br/><br/>
Additionally, proof-of-work mining also generates entropy, which provides a
source of randomness that helps limit gaming of the system and protects
against certain attacks that are inherent to pure proof-of-stake networks.
Effective cryptocurrencies have fair distributions that are wide enough to
ensure the overall coin supply does not get concentrated into the hands of
too few people. This is especially important for a cryptocurrency like
Peercoin where stakeholders are responsible for securing the network.<br/><br/>
However a problem exists for blockchains that are run purely on proof-of-stake,
as there is no easy way to fairly distribute the initial coin supply. In a pure
proof-of-stake network, the entire coin supply is created from scratch by the
project maintainer, who then chooses which individuals get to own stake. This
manual distribution process often ends in a network with highly centralized security.<br/><br/>
To solve this problem, Peercoin’s founders utilized proof-of-stake for network
security and proof-of-work for distribution. Proof-of-work miners are rewarded
with new PPC generated by the network. This newly mined PPC is then sold on
exchanges by miners for profit and purchased by new stakeholders who can use
it to mint blocks by participating in proof-of-stake minting.<br/><br/>
So while proof-of-stake provides security directly, proof-of-work is designed
to do so indirectly by strengthening the decentralization of the network through
a wider distribution of PPC to new potential minters. This continual distribution
works to grow the number of security providers over time.
<br>
<!--<button class="shadow">Learn More</button>-->
</div>
<div class="col-md-6 image-wrapper">
<img src="img/animations/pos-security-and-distribution.svg" alt="">
</div>
</div>
<!-- Reliable Store of Value -->
<!-- Reliable Value Store -->
<div data-wow-delay=".2s" class="row wow fadeIn">
<div class="col-md-6 content-wrapper">
<h1 class="titlethick">Reliable Store of Value</h1>
<h1 class="titlethick">Reliable Value Store</h1>
<p class="desc">
Efficiency, sustainability, user governance, scalability via modularity, and
continual distribution. These qualities combine to form a long-term minded
Efficiency, sustainability, user governance, scalability through modularity,
and a fair distribution. All these qualities combine to form a long-term minded
blockchain network that is primarily focused on maximizing decentralization.<br/><br/>
This primary focus works to preserve the trustless, immutable and censorship
resistant nature of Peercoin so that it can always be relied upon to fulfill its
core role as a distributed mechanism for securely storing all types of value.<br/><br/>
This value can be anything from a fiat currency conversion to peercoin, to
data being stored on the chain in the form of tokens, records, or contracts.
Regardless of the type of value that is being stored, Peercoin was built with
the fundamentals in mind to always ensure that your data is safe and secure.
This value can be anything from fiat wealth being stored in PPC, to data being stored
on the chain in the form of tokens, records, or contracts. Regardless of the type of
value that is being stored, Peercoin was built with the fundamentals in mind to always
ensure that your data remains safe and secure.
<br>
<!--<button class="shadow">Learn More</button>-->
</div>
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