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Proof of Work(PoW), Proof Of Stake(PoS) and Proof of Burn are different algorithms used by various cryptocurrencies to verify the transactions on the network. This article would help you understand…
The Basel-based Bank of International Settlements (BIS) released a research paper titled “Beyond the doomsday economics of “proof of work” in cryptocurrencies” on Monday, January 21, 2019. The paper is…
The recent hue and cry around the Proof-of-Work (PoW) consensus has made many new and upcoming cryptocurrencies to move towards the Proof-of-Stake (PoS) consensus The main reason for the transition…
The ever increasing mining difficulty has made the mining process into an energy chomping beast. Thus the mining rewards get limited among the elites who can afford to pay for…
Cardano is a decentralized public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any…
Bitcoin the pioneer of the crypto realm, first came into the forefront in 2008 as a decentralized system of digital currency, which uses cryptography for security. The peer-to-peer cashless network…
Widely recognized being some of the crowning achievements of Bitcoin founder Satoshi Nakamoto, the idea for Proof of Work was published in 1993 by Moni Naor and Cynthia Dwork. It…
Proof of Stake is one of the different consensus protocols used in blockchain technology. In this part, we are going to examine exactly what a stake is and how the…
