Consensus Algorithms. PoW, PoS, DPoS Explained
I go over the mystery behind consensus algorithms that govern current blockchain technologies. What are the differences? Why do we need them?
Proof of Work
Proof of Stake
Proof of Activity
Proof of Burn
Proof of Capacity
Delegated Proof of Stake
Links:
https://www.coindesk.com/short-guide-blockchain-consensus-protocols/
https://hackernoon.com/explain-delegated-proof-of-stake-like-im-5-888b2a74897d
Happy Investing C# HODLCREW
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this is good stuff. I've had a difficult time trying to understand the consensus. It's hard to wrap your head around this type of thing when it's new to you. You do a good job of explaining things in your vids. It's much appreciated. i learn a lot from you.
Nicely done here, very clear explanations for newbies and and those of us who've been around a bit longer who still need some further clarifications and reinforcement. Cheers!
Thank you sir. You taught me everything I know about block chain technology.
Great to know these algorithms thank you so much cant find anywhere else.
Great to see you back again iam technically not so amazing like you,you are the best when it comes to explaining these algoriths,have a great day.
I really wanted to understand the truth behind all of the consensus algorithms.
Thanks for your help putting them all together!)
the best moment to invest in crypto or steem is now, as the market is down and now it will only rise...
Well we all want to know what is happening arround!
And this time of dip HOLDING is a best option for us all!
Happy HOLDING DAYS SIR!
Hey everthing will be fine.. ** STEEM ON**
HOLD :DD
HODL - Hold on for dear life!