Evolving Past PoW and PoS Consensus Mechanisms - Proof of Burn

25 Dec 2021 3 minute read 1 comment kev_nag $0.82

Introduction: Why Proof of Burn (PoB)? Looking at Proof of Work (PoW), well, we all know it provides a high degree of decentralization, but at the same time PoW displays high degrees of inefficiencies. Proof of Stake (PoS) consensus mechanisms are go...