Consensus mechanism in cryptocurrency explained
Consensus mechanism is considered to be a vital part in all cryptocurrencies. And that’s because it’s responsible to make sure that the data stored inside the blockchain are reliable and…
Consensus mechanism is considered to be a vital part in all cryptocurrencies. And that’s because it’s responsible to make sure that the data stored inside the blockchain are reliable and…
Proof of Work is used widely by the majority of cryptocurrencies and of course Bitcoin. Not only is an essential ingredient for cryptocurrencies in order to function smoothly but also…
Proof of Stake is the second most popular method used for verifying cryptocurrency transactions, only behind Proof of Work. It offers a number of advantages compared with the eldest Proof…