This film is one of a series of 4 animated films commissioned by OpenCryptoTrust - openct.io
Mining the OCT Token uses a new consensus on a blockchain built from the ground up and highly inspired by Graphene. OCT performs at 100,000 transactioins per second which provides ample scalability for high volume, low latency activities like trading and communications networks.
Proof of Duration is designed to work in conjunction with Proof of Stake by balancing out the inherent advantage large stakeholders have. Proof of Duration rewards token holders based on the duration of their stakeholding. Mining OCT is a low energy, sustainable activity. The software is light and compact enough to run on a mobile device. It is hoped that using PoD with PoS will help create a democratic and open mining community with many smaller miners taking part.