Tailor-Made Cruises -The Best Cruise Offers

Cruising holidays are the best way of spending a few days in tranquillity, amidst serene natural surroundings whilst visiting the best cities, enjoying the luxurious accommodation, impeccable service, fun and entertainment activities on board your ship. A plethora of cruise offers are available these days but the charm of customizing your cruise itinerary offered by tailor made cruises is unsurpassed. You get a chance to organize a cruise holiday – taking care of every minute detail to make your cruise tour a perfect holiday trip.

Advantages of Tailor- Made Cruises:

Cruise holidays are becoming more popular with every passing year for the ultimate luxury travel experience they offer. Many five-star cruises offering customization options come with most of the amenities offered byany all-inclusive six-star cruise lines, however they can be more affordable, as the travellers have to pay for only those facilities and services that they use, while they still enjoy excellent food, exceptional services and tailor made itineraries. This means you can enjoy six-star luxury at a lower price. The speciality of tailor-made cruises is that you can organize all pre and post cruise arrangements as per your wish to ensure you get the best out of your cruise holiday. Cruise customization can include bespoke arrangements such as port transfers by limousines, tickets for theatres and cultural programmes at the destinations en-route and many more.

Cruising companies offering customised cruise tours help you plan an itinerary that includes the destinations for your choice. You can exclude those destinations which you have already visited and may even choose to stay for a longer period at a particular port or city. Cruising companies not only arrange private tours in and around the cities of your choice, but if required, they also arrange hotel accommodation for extended stays and flight bookings. Companies providing their clients with tailor made cruise offers can make special arrangements for birthday and anniversary parties aboard and if requested, may arrange special facilities such as hot-air balloon trips to make cruising tours even more eventful.

How to book the best tailor-made cruise tour?

In today’s time, there are number of cruise lines offering the option to customize your cruise tours. It is always better to check deals with reputed cruise travel agents offering deals for different cruise lines rather than contacting each cruise line individually. Reason being, they have deals with different cruise lines and will help youget the best deal for your customized tour as per your requirements and budget. All you need to do is provide them with a list of destinations you would like to sail to, dates of travel, facilities, services, and special arrangements you would like. Let them know if you have preferences for a specific cruise line or type of car for port transfers or hotels. Rest assured they will take care to ensure you get the best comfort and pleasure on your leisure trip.

What is Encouraging Buyers to Purchase Flats in Chembur

Chembur is one of the top property investment destinations in Mumbai. Situated along the harbour line, this area has witnessed tremendous growth in terms of residential spaces and infrastructure. Various sky-high buildings are coming up in this region, changing the skyline of this suburb.

This area has gained tremendous popularity among property buyers. It acts as a link between Navi Mumbai and Mumbai. Due to the eastern freeway, connectivity of this suburb has increased with other areas in the city. The freeway has reduced travel time for people.

As per the Investment Advisory Report of 2012 by Knight Frank this suburb has been listed as the third residential destination in Mumbai for property investment. The first two spots have been bagged by Ulwe and Wadala. According to the report, this area will see tremendous growth in next five years. By 2017, it will see price appreciation of 125%.

Real estate experts are of view that this location is one of the best places to invest in the Mumbai Metropolitan Region (MMR). It has seen a lot of transformation since the real estate market started picking pace. From an industrial area to a residential zone, this suburb in Mumbai has seen many changes across the years.

Growth in IT and ITES companies also helped in changing the face of this location. Many companies have set up their offices in Chembur, pushing the demand for commercial as well as residential real estate. According to property experts, establishment of IT and ITES companies has managed to revolutionize area, making it a cosmopolitan residential hub.

If you are planning to buy property in Mumbai, and there are no budget limitations, this part of the city can offer you various attractive realty options. It is being predicted that in the next three to four years, capital value of homes in this region will shoot up. Thanks to the infrastructure development (especially the eastern freeway and monorail), strategic location and proximity with other parts of the city, Chembur has managed to attract a lot of investment in real estate.

Not just good infrastructure but greenery is also an important factor due to which this part of Mumbai has become a favourite among potential buyers. It is one of the greenest suburbs of the city, boasting of open spaces and a good mix of high rise buildings and bungalows. Apart from the greenery, this area also offers a good mix of colleges, schools and hospitals. It also has public gardens, clubs and gymkhana.

Since property rates are skyrocketing, you can get 2BHK flats in Chembur between 95 Lacs to 2.5 Crore INR (as per property rates in 2013). Rates were not high few years back (in 2011, properties in this area were available at 8000 and 10,000 INR per square feet). However, infrastructural developments helped increase the rates. Today, per square feet property rate in Chembur ranges between 14000 to 27000 INR. Rates vary according to the quality of construction, location and amenities offered by the developer.

Proof-of-stake vs. Proof-of-work: Key Differences

Both Proof-of-Stake (PoS) and Proof-of-Work (PoW) are consensus mechanisms. Although they operate in different ways, both ensure that the users are honest and maintain transparency. They are programmed to incentivize good users, and similarly, they can make it extremely painful and expensive for the bad ones. They help in keeping a check on frauds such as double-spending.

A general idea of ‘mining’ helps understand the difference between the two consensus mechanisms. In the case of a Proof-of-Work (PoW) mechanism, crypto transactions are verified through ‘mining.’ In Proof-of-Stake (PoS), ‘validators’ are selected through specific rules and depending on the ‘stake’ they own in the blockchain.

Cryptocurrencies are programmed to be decentralized and distributed. A worldwide network of computers can see and verify the transactions on a blockchain. Computers on the network must agree on what happened before verifying the transactions. The immutable nature of Blockchain prevents any computer(s) from committing fraudulent activities of some kind since it will be caught instantly.

Proof-of-work (PoW)

Proof-of-work (PoW) consensus mechanism is a competition among miners to solve cryptographic puzzles and validate the transactions on the blockchain. In doing so, they earn block rewards from the blockchain in the form of its native crypto. For instance, Bitcoin is a PoW blockchain where miners earn $BTC as a reward for their services. It is the older one among the two and powers blockchains like Bitcoin ($BTC), Ethereum ($ETH), etc. Ethereum is already in a state of transition from PoW to a PoS consensus mechanism, and the process will be complete by August 2022.

The PoW mechanism has powerful advantages that simple yet valuable blockchains like Bitcoin could utilize. As the value of a cryptocurrency grows, more miners are incentivized to join the network. These miners provide better security and power for the blockchain. However, the enormous processing power required in PoS mechanisms makes it impractical for an individual or a group to use it in an extensive blockchain network.

Moreover, it is an energy-intensive process that is detrimental to scaling to accommodate the vast number of transactions taking place on the blockchain.

Proof-of-Stake (PoS)

In the case of Proof-of-Stake (PoS), random validators are selected to ensure that the transactions on the blockchain are reliable and safe. These validators lock up a specific portion of their crypto to become a validator. Their stake in the blockchain compels them to be careful watchdogs of the network. Newer blockchains like Cardano ($ADA) and Tezos ($XTZ) use PoS consensus mechanisms.

Ethereum developers understood quite early that PoW would present challenges regarding scalability later when the number of transactions increases. Unlike Bitcoin, Ethereum processes multiple Decentralized Finance (DeFi) transactions, NFT minting, crypto transactions, etc. With the increase in traffic, transaction costs or gas fees on Ethereum have spiked notably.

Their only solution was to transition to a PoS mechanism from PoW. The transition is scheduled to complete by August 2022. Cryptocurrencies including Tezos, Atmos, and Cardano all use PoS consensus mechanisms. Their common objective is to maximize speed and efficiency while lowering fees.

Major Differences

Energy consumption is one of the fundamental differences between the PoW and the PoS consensus mechanisms. PoS blockchains do not require spending on extensive electronic hardware that generates intense heat and leave a massive carbon footprint.

Both the consensus mechanisms have economic consequences in the form of penalties if the miners or the validators do not do their job correctly. In PoW, if a miner submits invalid information, their penalty will be the sunk cost of energy, time, and computing power.

In the case of PoS, the staked crypto funds of a validator serve as an incentive to act in the network’s best interests. If a validator submits a bad block, the network operators can choose to ‘slash’ a portion of their crypto as a penalty. The network can predetermine the specific amount that can be slashed in case of a mistake.