Consensus

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Proof of Work and Proof of Stake systems for blockchain consensus

17 May 2020 2 minute read 2 comments Jumble

Introduction For a blockchain, such as Bitcoin, Ethereum, etc. to operate satisfactorily, it is necessary for all the nodes in the network to agree on the state of chain and what blocks are correct. Because the network is decentralized and it is gene...

Understanding different Consensus Mechanisms

9 May 2020 5 minute read 0 comments Ruma

The BlockChain network consists of a series of nodes that form a distributed architecture. These nodes need to be aligned and run synchronously to maintain security in the network. Thus the concept of Consensus is devised to maintain harmony in the b...

Proof Of Work Explained

9 May 2020 4 minute read 5 comments Ruma

A proof-of-work (PoW) system (or protocol, or function) is a consensus mechanism that was first invented by Cynthia Dwork and Moni Naor as presented in a 1993 journal article. In 1999, it was officially adopted in a paper by Markus Jakobsson and Ari...

BitShares Improvement Proposals

17 Feb 2020 5 minute read 2 comments BitShares

Our first 5 posts on Publish0x are previous articles to just catch up and introduce ourselves. Future articles will be shared at same time as publication on News.BitShares.org. View Original   Introduction BitShares Improvement Proposals and Polls (...

Blockchain 3.0 is coming...

10 Feb 2020 1 minute read 0 comments CryptoBiker

Hi all, I'm writing this post to share with you some information regarding Avalanche protocol, developed by AVA Labs.  Avalanche is the protocol intended to build platform of platforms, a innovative consensus protocol to build the Infrastructure for...

Byzantine Fault Tolerance

26 Jan 2020 1 minute read 0 comments piotrillo

The problem of the Byzantine generals, also called problem of interactive consistency. This refers to a problem of consistency. It is about the task of making common and precise decisions in a network. The problem can best be described with a metapho...

Pi Network - Mine on your smartphone

15 Jan 2020 1 minute read 0 comments 4NDR34

Hi guys, this post will be quite short, but the project seems to be quite interesting so it's worth mentioning it. It's called Pi Network and it's developed by a group of doctorands from Stanford University. The project is at the very beginning (app...

eBay denies accepting cryptocurrencies as a form of payment

15 May 2019 1 minute read 0 comments Exe8422

  An eBay ad led to an adoption rumor from the online shopping platform. However, these rumors were dispelled by an eBay spokesperson, who assured Bloomberg that "cryptocurrencies are not accepted as a form of payment." While the eBay spokesman decla...

Consensus 2019 The Day 1

14 May 2019 1 minute read 0 comments CryptoGoldie

May 13-15, 2019 New York   Consensus is a Coindesk conference, held annually with representatives from the most prestigious companies focused on technology, cryptocurrencies and finance.   “Consensus is the blockchain event to attend. The caliber of...

What do you think about a Hybrid Consensus Protocol Blockckchain

30 Apr 2019 3 minute read 0 comments Ayobami99

Sure everyone knows that the different blockchains that we have today operate on different consensus protocols: Proof of Work Consensus Protocol Bitcoin operates on Proof of Work- PoW. This means that miners have to use their mining hardware to do co...