PRIZM

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PRiZM Proof of Stake

28 Feb 2020 4 minute read 0 comments PRiZM

In the traditional "Proof of Work" model used by themajority of cryptocurrencies, network security isensured by participants performing "work". They usetheir resources (calculation/processing time) toreconcile transactions with double costs and in or...

Prizm: FORGiNG ALGORiTHM (Creation of blocks)

27 Feb 2020 1 minute read 0 comments PRiZM

Each block in the chain has a signature generation parameter. To participate in the forging process of a block, the active account cryptologically signs the previous generated block with its own public key. This creates a 64-byte signature that is th...