Proof Of Stake | forklog.media

#Proof Of Stake

How to Mine Cryptocurrency: Beginner’s Guide

If you thought about starting to mine cryptocurrency but know only a little about it, you have come to the right place. In this feature, forklog.media will explain the basic terms of mining, show how it works, and help you understand whether the juice is worth the squeeze.

Opinion: PoW Will Always Be Criticized for Inefficiency

The war of consensus algorithms is still raging on. While some believe that only Proof-of-Work can underpin a real cryptocurrency, others think that its time passed long ago, and now it’s time for other algorithms like Proof-of-Stake.

What Is Delegated Proof Of Stake and What Does Staking Have to Do With It?

1 What is the difference between PoS and DPoS? Delegated Proof of Stake (or DPoS) is a consensus algorithm created by developer Dan Larimer in 2014. Here is a list of famous projects using DPoS: Bitshares Steemit Lisk Ark Eos If PoS resembles direct democracy then DPoS emulates representative democracy. Classic PoS allows coin holders […]

Vitalik Buterin: Proof-of-Stake Might Drive Ethereum Miners out of Business

Even though mining today is quite profitable, this industry may fade into oblivion in the long run, Ethereum founder Vitalik Buterin told Russian publication Kommersant.

Vlad Zamfir on Proof-of-Stake and Ethereum’s Challenges

Vlad Zamfir, a researcher and developer at the Ethereum Foundation, recently visited Odessa, Ukraine to take part in Blockchain Incredible Party (BIP 001), a major conference hosted by Distributed Lab.

Defiled Consensus: Waiting for a Digital Messiah

Some anthropologists believe consensus is a universal decision-making system inherent in primitive societies where people struggled for survival and inclined towards equal partnership.

Comparison between Proof of Work & Proof of Stake

Everyone who has looked at Bitcoin close enough probably understands that it’s a revolutionary achievement created by a legendary, forward thinking individual or group. Superficially, the revolutionary technology built within it has the ability to send money without any central authority, so you don’t need someone to issue your cash, it just exists – somewhat […]

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