consensus

Blockchain Consensus Types: Proof of Elapsed Time, Proof of Authority, Proof of Bandwidth

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Blockchain Consensus Types: Proof of Elapsed Time, Proof of Authority, Proof of Bandwidth

To continue where we left off in the previous part, this part delves further deeper into the various consensus mechanisms that have been making a lot of news lately and are being proven as worthy successors to the consensus problem. These algorithms have worked really well in theory but are yet to be adopted into […]

Why Proof-of-Capacity could be the future of cryptocurrency

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Most people by now have learned the basics of cryptography-based digital currency, aka “cryptocurrency”, such as Bitcoin BTC. You may even already know that they run on a newly decentralized ledger called a blockchain. All of this still leaves the most common question about cryptocurrency unanswered: Where does the value come from? It may seem […]