Thursday, April 15, 2021

Monthly Archives: March, 2021

What Does dBFT (Delegated Byzantine Fault Tolerance) mean? How does it function?

Delegated Byzantine Fault Tolerance (dBFT) The delegated part of this consensus method refers to the nodes being elected by the shareholders. In order to be up for election...

What Does PoI (Proof of Importance) Mean?

Proof of Importance (PoI) Users must stake a fixed amount of their currency to become a node. The likelihood of their node being chosen to...

What is PoS (Proof of Stake)

Proof of Stake (PoS) In proof of stake there is no mining. Instead one node will be chosen and simply process the transactions without needing to solve any...

What is Cryptocurrency? Bitcoin and Other Alt Coins

Bitcoin was the first kind of cryptocurrency to be introduced to the world, Its creator is believed to be Satoshi Nakamoto. Cryptocurrency is just like your...

Cryptocurrency System : USE CASES

Now that we have looked at what cryptos are, what their underlying value is and how they work let’s discuss perhaps the most important...

CryptoCurrency PoS ( Proof of Stake)

Proof of Stake (PoS) In proof of stake there is no mining. Instead one node will be chosen and simply process the transactions without needing to solve any...

What is PoW (Proof of Work)

Proof of Work (PoW) Definition Proof of work was the first method of ensuring consensus and the most widely used. In order to finish a...
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