proof of burn

Blockchain Consensus Types: PoC, DBFT, PoA, PoB

by

Blockchain Consensus Types PoC DBFT PoA PoB

In the previous part, we focused on the legacy consensus mechanisms and how they can be used in the new world of blockchain and cryptocurrencies with its higher both amounts of enthusiasts and decision-making demand. This part will give you a brief look at other consensus algorithms that have been making the news for some […]

The Battle Between PoW, PoS and Other Beasts

by

When you think about Bitcoin (BTC), probably the first thing that comes to mind is mining. It’s probably the most spectacular transformation of a word in result of technological progress. From “a person who digs for gold in tunnels” it transformed into “a person who uses a computer to discover blocks, which will bring rewards most […]