SteemitCryptoAcademy------Consensus Algorithms------Proof of Capacity by @perozo23
Source
Homework from teacher @alphafx
Proficiency Test
INTRODUCTION:
Blockchain consensus algorithm:
while we know is an algorithm that solves complex mathematical problems of high technology and difficult to solve to allow the blockchain network to reach a consensus the system is totally decentralized has no owner and we all interact in the ecosystem this allows it to be distributed equally to each of the workers to these well distributed nodes need to accept or validate a process to be executed so that the network is respected and thus ensure that the muendas reaches a safe place and have allowed only be spent only once within the network. This is called blockchain access.
Let's talk about the most important features
These consensus algorithms use a reward mechanism for the nodes that solve these complex mathematical problems.
The use of these algorithms decreases the electricity consumption that has been generating serious problems in the current ecosystem and we must take care of the planet.
Blockchain creation also confirms them in a secure and fast way.
It creates secure transactions.
Definition Test of the capacity of consensus algorithms:
It is a program that uses an algorithm where they are installed on a hard drive or anything with free space and this uses the operating system that have at the time to perform processes to verify data and transfer and store the possible solutions is very important to note that mathematical algorithms are those that solve problems and decide the rights of the interconnected miners the more space they have the better they work because they use this available space to their advantage there are solutions that manage to solve faster than others work like all miners the faster they solve it the faster you get the loot these compete to solve an algorithm in order to win the reward.
Importance of the Capacity Test
This protocol is very important because it works with free space on the device to save all the solutions this will be called hash saves energy unlike ASINs that consume large amounts of energy today energy is very important because every time we are doing some kind of mining consumes energy, energy is what moves the world and we must take care of it to protect our environment, it also works with proof of capacity ( storj, burst, china, and spacemint) this works on the blockchain thus providing proof of capacity (POC) authentication.
What is the capacity test ?
As we are explaining the capacity test is used to solve problems of some energy consumption within the working systems and cryptocurrencies are stored this works just like a miner only with space on a hard drive is very important to be clear that this algorithm stores information to solve future problems in this free space allows quickly solve complex mathematical problems found in the blockchain network nodes this makes this miner extracts cryptocurrencies through payments for solving problems.
The bigger the hard disk is, the easier it will be to solve the problems, this means that it will be easier to win the block and solve it in record time to obtain more and more profits, this system is self-regulating to be able to work faster and faster in solving the problems and thus obtain faster profits.
Capability test functions:
There is a pre-determined values containing 8192 hashes and these are numbered in pairs from 0,1 = 0 / 2,3=1.
/5, 6 =2 and if successively the algorithm calculates the total number of pairs whatever it is if an example takes the number 32 then this program will look for the corresponding pair starting with pair 1 to solve this is repeated with pair 2 and 3 and so on once the date is determined for each Nance is retained on the hard disk for a period of time. The date is then represented in seconds from the time the last block is created until it is finished. This means that if there is no miner mining at the moment it will look for the miner to solve the operation in order to collect the reward money.
Best Capacity Test Reviews:
If we are looking to save electricity it is said to be we will save 30 better than the Chinese BTC ASINs.
Hardly anyone has any knowledge of this system or how to use it.
No upgrades needed like other miners to improve their hashes.
Very easy to restore equipment and they stay working normally for what they were made for.
Malwares may affect the mining itself.
Conclusion:
I had no idea that there was this capacity test time so very soon I will be testing to operate with this capacity test is 30 times cheaper in terms of energy seems really very good to protect the current environment where carbon is damaging the atmosphere and the ecological impact that this has is quite favorable to our environment, we talk about every detail and every factor I see it too good and the good thing is that we can mine with just the total space of the hard disk. well I say goodbye and see you in the next class greetings to the teacher @alphafx
Cc:
@alphafx
@steemitblog
@steemcurator01
@steemcurator02
Work was clean, but you did not give us examples of projects that use this model, like STORJ, no details on the plotting and mining process.
this task was not satisfactorily completed
@alphafx
teacher can see that I gave some examples of the protocols that use it, please do not leave me without a note
cordial greetings @alphafx professor sorry I have not edited the previous content so that you can see that if this is what I asked and can give a note thank you very much professor.
@alphafx