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Consensus algorithms

Proof of Weight: real-life use cases of consensus algorithm

A blockchain is the lifeblood of any cryptocurrency, and it must be secure, scalable, and swift. Many blockchain technologies already exist in the market, the most popular ones being Bitcoin and Ethereum’s Proof-of-Work. Being the premier cryptocurrencies may give them...

Proof of Work: definition, how It works

Proof of Work or PoW as it is commonly called is the first consensus algorithm that emerge which gets to secures many cryptocurrencies and altcoins transactions, these includes popular cryptocurrencies like Bitcoin and Ethereum; according to reports, Proof of Work has been in existence since the pre-cryptocurrency days, and it is still much valid in the affairs of some transactions today most especially in cryptocurrencies.

What is a Proof of Burn for сryptocurrency

Blockchain systems use different consensus algorithms. The popular ones are the Proof of Work (PoW) and Proof of Stake (PoS). Proof of Burn is relatively new but is already used by different blockchain systems.

Proof-of-Stake (POS): how does it work

POS remains the newest agreement mechanism for blockchain, and it holds several great possibilities in the crypto society. With its significant characteristics to require lower energy yet featuring an impressive height of allowance for participants to become validators, POS comes with numerous unique qualities, capable of qualifying it as the main focus to protect blockchain.
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Latest News

Flux: cross-chain Oracle on NEAR Protocol

Flux protocol is a cross-chain oracle aggregator that supplies economically-viable information to smart contracts. Smart contracts are pieces of code...
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