Ambisafe CEO: Mining Industry May Sink Into Oblivion After the PoS Switch

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Andrey Zamovsky, Ambisafe CEO and InChain team member, will be moderating the development section of the Blockchain Bitcoin Conference Kiev 2016, a major event to be held September 23.

ForkLog contacted Andrey to find out more about the forthcoming conference and his work on the new project.

Andrey Zamovsky, Ambisafe CEO

Andrey Zamovsky, Ambisafe CEO

FL: You are going to moderate blockchain development section at the Blockchain Bitcoin Conference Kyiv. Which speaker will you personally be interested to hear most ?

Andrey Zamovsky: I’m looking forward to Johann Barbie’s speech on diversity of PoS algorithms. Consensus algorithm is the most crucial element of any cryptocurrency; it determines its speed and reliability. Recent works in this area promise a quantum leap in the short run. Mass transition to PoS will

Read more ... source: TheBitcoinNews