Latest Posts with consensus algorithm tag

consensus algorithm

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Supernode Proof of Stake, the Next Generation of PoS

24 Mar 2020 10 minute read 0 comments falconite

One of the most important aspects of any blockchain network is the consensus algorithm that is used to validate transactions. In centralized systems like Visa and MasterCard, transactions are verified by a host of authorities. On the other hand, in a...

What is Proof of Capacity?

18 Oct 2019 1 minute read 1 comment Diskcoin

The Definition of Proof of Capacity The Proof Of Capacity (PoC) consensus algorithm was derived from Burst, which began in 2014 and was upgraded to PoC2 in 2018. The PoC is still based on the Hash algorithm, just like the Proof of Work (PoW) algorit...