You are viewing a single comment's thread from:

RE: Steemit Crypto Academy Contest / S12W5 - Understanding Slashing In Crypto

You're absolutely correct! Blockchains that operate on a Proof-of-Work mechanism, such as Bitcoin, don't typically use slashing.

You have explained every question in a clear as well as in a proper manner 😉

Thanks!

Sort:  

Bitcoin is a blockchain in which there are miners and that's why this is a blockchain that works on proof of work mechanism not works on proof of stake mechanism that's why it doesn't use slashing mechanism I totally agree with you


I am happy that you like my entry and every question you understand in a clear way I wish you good luck and success in your engagement challenge and in your participation also

Thankyou so much for commenting on my post ⭐

Coin Marketplace

STEEM 0.09
TRX 0.30
JST 0.037
BTC 103013.49
ETH 3424.70
USDT 1.00
SBD 0.54