Consensus algorithms are an extremely crucial part of blockchain technology. Proof of Work is a type of consensus mechanism where users use their computational devices to solve complex mathematical problems in order to verify and add blocks to the ledger system. On the other hand, in Proof of Stake users will need to stake their coins in order to participate in the verification process.
The difference between the two types of consensus protocol lies within the working mechanism of these two processes. Verification mechanism, incentive policy, vulnerability, motivation, requirement, and scalability are some of the areas where these two differ.
To help you better understand the differences between these two consensus protocols, 101 Blockchain offer an array of lucrative blockchain courses. These courses will help you comprehend the working principles of these two algorithms.
The following courses will help you learn about PoW and PoS->
Blockchain Like a Boss Masterclass
https://academy.101blockchains.com/courses/blockchain-masterclass
Getting Started with Bitcoin Technology
https://academy.101blockchains.com/courses/getting-started-with-bitcoin-technology
Learn more about the certification courses from here ->
Certified Enterprise Blockchain Professional (CEBP) course
https://academy.101blockchains.com/courses/blockchain-expert-certification
Certified Enterprise Blockchain Architect (CEBA) course
https://academy.101blockchains.com/courses/certified-enterprise-blockchain-architect
Certified Blockchain Security Expert (CBSE) course
https://academy.101blockchains.com/courses/certified-blockchain-security-expert
Learn more from our guide ->
https://101blockchains.com/pow-vs-pos-a-comparison/
Introduction to Proof of Stake (PoS) in CryptoIntelisync
This presentation titled "Proof of Stake (PoS) in Crypto" provides an in-depth exploration of the Proof of Stake consensus mechanism in blockchain technology. Comprised of 13 detailed slides, it covers a range of topics designed to give the audience a thorough understanding of PoS, its advantages, challenges, and its future in the cryptocurrency landscape. Additionally, the presentation highlights InteliSync's role as a premier blockchain development partner, offering specialized services to help businesses leverage blockchain technology effectively.
Introduction to InteliSync and its services in blockchain development, smart contracts, consulting, and security audits.
Call to action for businesses to contact InteliSync for blockchain solutions.
Team of developers, blockchain solutions, and secure applications.
This presentation aims to educate the audience on the intricacies of Proof of Stake, its role in the future of blockchain technology, and how InteliSync can assist in leveraging these advancements for business success.
Introducing new Proof-of-Stake based networks - Why your network participatio...Michael Ng
This is the slide deck presented by StakeWith.Us for the monthly dappers meetup in Singapore.
Synopsis:
Proof of Work networks are inherently more secure due to high compute cost required for DDoS attacks. However, these networks face scalability bottlenecks as it takes a long time to determine consensus on chain finality - it is very important to ensure that transactions on the blockchain are irreversible, which is why exchanges imposes block confirmations on deposits!
Such bottleneck proves to be a bane in accelerating blockchain adoption, especially in this day and age where payment confirmation takes less than 5 seconds with the click of a button. In order for a blockchain network to be able to serve the needs of the global market, transactions need to be finalized in a much quicker manner.
Multiple Proof of Stake based networks have launched to date. It has proved to be the optimal solution to scalability bottlenecks as these networks prioritize fast finality with limited security and liveness tradeoffs.
Come join us to learn more about various Proof of Stake based networks, why we think they are built for adoption and how you can play your part to show your support by bootstrapping these networks!
Most PoS blockchains let you stake coins on your own. In many cases, however, that won’t let you make the most out of your stake. Your stake must remain connected to the network around the clock. Even a brief misconnection could disrupt your earning potential by sending you to the back of the line. Joining a staking pool offers some significant advantages - let us look at them here.
Consensus algorithms are an extremely crucial part of blockchain technology. Proof of Work is a type of consensus mechanism where users use their computational devices to solve complex mathematical problems in order to verify and add blocks to the ledger system. On the other hand, in Proof of Stake users will need to stake their coins in order to participate in the verification process.
The difference between the two types of consensus protocol lies within the working mechanism of these two processes. Verification mechanism, incentive policy, vulnerability, motivation, requirement, and scalability are some of the areas where these two differ.
To help you better understand the differences between these two consensus protocols, 101 Blockchain offer an array of lucrative blockchain courses. These courses will help you comprehend the working principles of these two algorithms.
The following courses will help you learn about PoW and PoS->
Blockchain Like a Boss Masterclass
https://academy.101blockchains.com/courses/blockchain-masterclass
Getting Started with Bitcoin Technology
https://academy.101blockchains.com/courses/getting-started-with-bitcoin-technology
Learn more about the certification courses from here ->
Certified Enterprise Blockchain Professional (CEBP) course
https://academy.101blockchains.com/courses/blockchain-expert-certification
Certified Enterprise Blockchain Architect (CEBA) course
https://academy.101blockchains.com/courses/certified-enterprise-blockchain-architect
Certified Blockchain Security Expert (CBSE) course
https://academy.101blockchains.com/courses/certified-blockchain-security-expert
Learn more from our guide ->
https://101blockchains.com/pow-vs-pos-a-comparison/
Introduction to Proof of Stake (PoS) in CryptoIntelisync
This presentation titled "Proof of Stake (PoS) in Crypto" provides an in-depth exploration of the Proof of Stake consensus mechanism in blockchain technology. Comprised of 13 detailed slides, it covers a range of topics designed to give the audience a thorough understanding of PoS, its advantages, challenges, and its future in the cryptocurrency landscape. Additionally, the presentation highlights InteliSync's role as a premier blockchain development partner, offering specialized services to help businesses leverage blockchain technology effectively.
Introduction to InteliSync and its services in blockchain development, smart contracts, consulting, and security audits.
Call to action for businesses to contact InteliSync for blockchain solutions.
Team of developers, blockchain solutions, and secure applications.
This presentation aims to educate the audience on the intricacies of Proof of Stake, its role in the future of blockchain technology, and how InteliSync can assist in leveraging these advancements for business success.
Introducing new Proof-of-Stake based networks - Why your network participatio...Michael Ng
This is the slide deck presented by StakeWith.Us for the monthly dappers meetup in Singapore.
Synopsis:
Proof of Work networks are inherently more secure due to high compute cost required for DDoS attacks. However, these networks face scalability bottlenecks as it takes a long time to determine consensus on chain finality - it is very important to ensure that transactions on the blockchain are irreversible, which is why exchanges imposes block confirmations on deposits!
Such bottleneck proves to be a bane in accelerating blockchain adoption, especially in this day and age where payment confirmation takes less than 5 seconds with the click of a button. In order for a blockchain network to be able to serve the needs of the global market, transactions need to be finalized in a much quicker manner.
Multiple Proof of Stake based networks have launched to date. It has proved to be the optimal solution to scalability bottlenecks as these networks prioritize fast finality with limited security and liveness tradeoffs.
Come join us to learn more about various Proof of Stake based networks, why we think they are built for adoption and how you can play your part to show your support by bootstrapping these networks!
Most PoS blockchains let you stake coins on your own. In many cases, however, that won’t let you make the most out of your stake. Your stake must remain connected to the network around the clock. Even a brief misconnection could disrupt your earning potential by sending you to the back of the line. Joining a staking pool offers some significant advantages - let us look at them here.
Apart from Proof of Work there are many other Consensus Mechanisms being discussed. What are they and what are their pros and cons. (Proof of Stake, Proof of Elapsed Time, Proof of Authority, Proof of Burn, Proof of Authority, Byzantine Fault Tolerance, Proof of Importance)
If you investigate closer, you will find the usage of blockchain innovations in countless industries. Extending from inventory network to money related administrations, blockchain technology has surpassed every major early application tools
Abstract --
GIST Blockchain-Economy Center (BEC, Director Heung-No Lee) aims to introduce the Decentralized Secure(DeSecure) blockchains it has been developing since 2018. They aim to resolve the re-centralization problem of today’s mining market. One of the key ideas is to have the proof-of-work (PoW) puzzle time-varying from block-to-block, using the error-correction-codes (ECC). Two new blockchains based on Bitcoin and Ethereum are to be developed using new consensus algorithm based on this new ECC-PoW. Time-varying puzzles make it very difficult to develop an ASIC mining chips. As the result, with the size of network growing, the difficulty level needs not be growing as well. As such, energy spent for mining can be controlled. The proposed ECC-PoW mechanism is to be explained in details. In addition, our plan to hardfork Bitcoin and Ethereum, by replacing the SHA based PoW with the proposed ECC-PoW, and by developing two new DeSecure blockchains, i.e. BTC-ECC and ETH-ECC, is discussed. The two DeSecure blockchains will be openly shared under an open source license at Github. We address how DeSecure blockchains can be used to resolving the issue of scalability. Our schedule to release the cores (C++ and Go) and technical meet-ups will be addressed.
To Get any Project for CSE, IT ECE, EEE Contact Me @ 09666155510, 09849539085 or mail us - ieeefinalsemprojects@gmail.com-Visit Our Website: www.finalyearprojects.org
PROOF-OF-REPUTATION: AN ALTERNATIVE CONSENSUS MECHANISM FOR BLOCKCHAIN SYSTEMSIJNSA Journal
Blockchains combine other technologies, such as cryptography, networking, and incentive mechanisms, to enable the creation, validation, and recording of transactions between participating nodes. A consensus algorithm is used in a blockchain system to determine the shared state among distributed nodes. An important component underlying any blockchain-based system is its consensus mechanism, which principally determines the performance and security of the overall system. As the nature of peer-topeer(P2P) networks is open and dynamic, the security risk within that environment is greatly increased mostly because nodes can join and leave the network at will. Thus, it is important to have a system that can check against malicious behaviour. In this work, we propose a reputation-based consensus mechanism for blockchain-based systems, Proof-of-Reputation(PoR) where the nodes with the highest reputation values eventually become part of a consensus group that determines the state of the blockchain.
"Towards True Decentralization: A Blockchain Consensus Protocol Based on Game...eraser Juan José Calderón
"Towards True Decentralization: A Blockchain Consensus Protocol Based on Game Theory and Randomness" de Naif Alzahrani and Nirupama Bulusu. Portland State University, Portland
Abstract.
One of the fundamental characteristics of blockchain technology is the consensus protocol. Most of the current consensus protocols are PoW (Proof of Work) based, or fixed-validators based. Nevertheless, PoW requires massive computational effort, which results in high energy and computing resources consumption. Alternatively, fixedvalidators protocols rely on fixed, static validators responsible for validating all newly proposed blocks, which opens the door for adversaries to launch several attacks on these validators such as DDoS and eclipse attacks. In this paper, we propose a truly decentralized consensus protocol that does not require PoW and randomly employs a different set of different size of validators on each block's proposal. Additionally, our protocol utilizes a game theoretical model to enforce the honest validators' behavior by rewarding honest validators and penalizing dishonest ones. We have analyzed our protocol and shown that it mitigates various attacks that current protocols suffer from.
Comprehensive List Of Blockchain Security ToolsSoluLab1231
In the fast-evolving landscape of digital transactions and decentralized systems, the importance of blockchain security cannot be overstated. Blockchain, initially designed as the underlying technology for cryptocurrencies like Bitcoin, has now transcended its origins to become a transformative force in various industries. As organizations increasingly rely on blockchain technology to streamline processes, enhance transparency, and ensure trust in digital interactions, the need for robust security measures has become a paramount concern.
Introduction to Blockchain
History of Blockchain
How Blockchain works
Blockchain platforms
Blockchain consensus/validation algorithms
Proof-of-work algorithm (PoW)
Practical byzantine fault tolerance algorithm (PBFT)
Proof-of-stake algorithm (PoS)
Delegated proof-of-stake algorithm (DPoS)
Who uses blockchain
Advantages and disadvantages of blockchain
Fair and trustworthy: Lock-free enhanced tendermint blockchain algorithmTELKOMNIKA JOURNAL
Blockchain Technology is exclusively used to make online transactions secure by
maintaining a distributed and decentralized ledger of records across multiple computers.
Tendermint is a general-purpose blockchain engine that is composed of two
parts; Tendermint Core and the blockchain application interface. The application interface
makes Tendermint suitable for a wide range of applications. In this paper, we
analyze and improve Practical Byzantine Fault Tolerant (PBFT), a consensus-based
Tendermint blockchain algorithm. In order to avoid negative issues of locks, we first
propose a lock-free algorithm for blockchain in which the proposal and voting phases
are concurrent whereas the commit phase is sequential. This consideration in the algorithm
allows parallelism. Secondly, a new methodology is used to decide the size
of the voter set which is a subset of blockchain nodes, further investigating the block
sensitivity and trustworthiness of nodes. Thirdly, to fairly select the voter set nodes,
we employ the random walk algorithm. Fourthly, we imply the wait-freedom property
by using a timeout due to which all blocks are eventually committed or aborted. In
addition, we have discussed voting conflicts and consensuses issues that are used as a
correctness property, and provide some supportive techniques.
How to create a permissioned blockchain.pdfStephenAmell4
A permissioned blockchain is a blockchain with its access limited to certain users or nodes. Providing limited access to a blockchain or defining permissioned users creates an additional layer of security for it.
Bitcoin vs cryptocurrency why bitcoin is better than other cryptocurrenciescmn news
The battle began which came to be known as Bitcoin vs Cryptocurrency options that belonged to other groups. Bitcoin was the first cryptocurrency to come into the world and people were quite excited about it.
Apart from Proof of Work there are many other Consensus Mechanisms being discussed. What are they and what are their pros and cons. (Proof of Stake, Proof of Elapsed Time, Proof of Authority, Proof of Burn, Proof of Authority, Byzantine Fault Tolerance, Proof of Importance)
If you investigate closer, you will find the usage of blockchain innovations in countless industries. Extending from inventory network to money related administrations, blockchain technology has surpassed every major early application tools
Abstract --
GIST Blockchain-Economy Center (BEC, Director Heung-No Lee) aims to introduce the Decentralized Secure(DeSecure) blockchains it has been developing since 2018. They aim to resolve the re-centralization problem of today’s mining market. One of the key ideas is to have the proof-of-work (PoW) puzzle time-varying from block-to-block, using the error-correction-codes (ECC). Two new blockchains based on Bitcoin and Ethereum are to be developed using new consensus algorithm based on this new ECC-PoW. Time-varying puzzles make it very difficult to develop an ASIC mining chips. As the result, with the size of network growing, the difficulty level needs not be growing as well. As such, energy spent for mining can be controlled. The proposed ECC-PoW mechanism is to be explained in details. In addition, our plan to hardfork Bitcoin and Ethereum, by replacing the SHA based PoW with the proposed ECC-PoW, and by developing two new DeSecure blockchains, i.e. BTC-ECC and ETH-ECC, is discussed. The two DeSecure blockchains will be openly shared under an open source license at Github. We address how DeSecure blockchains can be used to resolving the issue of scalability. Our schedule to release the cores (C++ and Go) and technical meet-ups will be addressed.
To Get any Project for CSE, IT ECE, EEE Contact Me @ 09666155510, 09849539085 or mail us - ieeefinalsemprojects@gmail.com-Visit Our Website: www.finalyearprojects.org
PROOF-OF-REPUTATION: AN ALTERNATIVE CONSENSUS MECHANISM FOR BLOCKCHAIN SYSTEMSIJNSA Journal
Blockchains combine other technologies, such as cryptography, networking, and incentive mechanisms, to enable the creation, validation, and recording of transactions between participating nodes. A consensus algorithm is used in a blockchain system to determine the shared state among distributed nodes. An important component underlying any blockchain-based system is its consensus mechanism, which principally determines the performance and security of the overall system. As the nature of peer-topeer(P2P) networks is open and dynamic, the security risk within that environment is greatly increased mostly because nodes can join and leave the network at will. Thus, it is important to have a system that can check against malicious behaviour. In this work, we propose a reputation-based consensus mechanism for blockchain-based systems, Proof-of-Reputation(PoR) where the nodes with the highest reputation values eventually become part of a consensus group that determines the state of the blockchain.
"Towards True Decentralization: A Blockchain Consensus Protocol Based on Game...eraser Juan José Calderón
"Towards True Decentralization: A Blockchain Consensus Protocol Based on Game Theory and Randomness" de Naif Alzahrani and Nirupama Bulusu. Portland State University, Portland
Abstract.
One of the fundamental characteristics of blockchain technology is the consensus protocol. Most of the current consensus protocols are PoW (Proof of Work) based, or fixed-validators based. Nevertheless, PoW requires massive computational effort, which results in high energy and computing resources consumption. Alternatively, fixedvalidators protocols rely on fixed, static validators responsible for validating all newly proposed blocks, which opens the door for adversaries to launch several attacks on these validators such as DDoS and eclipse attacks. In this paper, we propose a truly decentralized consensus protocol that does not require PoW and randomly employs a different set of different size of validators on each block's proposal. Additionally, our protocol utilizes a game theoretical model to enforce the honest validators' behavior by rewarding honest validators and penalizing dishonest ones. We have analyzed our protocol and shown that it mitigates various attacks that current protocols suffer from.
Comprehensive List Of Blockchain Security ToolsSoluLab1231
In the fast-evolving landscape of digital transactions and decentralized systems, the importance of blockchain security cannot be overstated. Blockchain, initially designed as the underlying technology for cryptocurrencies like Bitcoin, has now transcended its origins to become a transformative force in various industries. As organizations increasingly rely on blockchain technology to streamline processes, enhance transparency, and ensure trust in digital interactions, the need for robust security measures has become a paramount concern.
Introduction to Blockchain
History of Blockchain
How Blockchain works
Blockchain platforms
Blockchain consensus/validation algorithms
Proof-of-work algorithm (PoW)
Practical byzantine fault tolerance algorithm (PBFT)
Proof-of-stake algorithm (PoS)
Delegated proof-of-stake algorithm (DPoS)
Who uses blockchain
Advantages and disadvantages of blockchain
Fair and trustworthy: Lock-free enhanced tendermint blockchain algorithmTELKOMNIKA JOURNAL
Blockchain Technology is exclusively used to make online transactions secure by
maintaining a distributed and decentralized ledger of records across multiple computers.
Tendermint is a general-purpose blockchain engine that is composed of two
parts; Tendermint Core and the blockchain application interface. The application interface
makes Tendermint suitable for a wide range of applications. In this paper, we
analyze and improve Practical Byzantine Fault Tolerant (PBFT), a consensus-based
Tendermint blockchain algorithm. In order to avoid negative issues of locks, we first
propose a lock-free algorithm for blockchain in which the proposal and voting phases
are concurrent whereas the commit phase is sequential. This consideration in the algorithm
allows parallelism. Secondly, a new methodology is used to decide the size
of the voter set which is a subset of blockchain nodes, further investigating the block
sensitivity and trustworthiness of nodes. Thirdly, to fairly select the voter set nodes,
we employ the random walk algorithm. Fourthly, we imply the wait-freedom property
by using a timeout due to which all blocks are eventually committed or aborted. In
addition, we have discussed voting conflicts and consensuses issues that are used as a
correctness property, and provide some supportive techniques.
How to create a permissioned blockchain.pdfStephenAmell4
A permissioned blockchain is a blockchain with its access limited to certain users or nodes. Providing limited access to a blockchain or defining permissioned users creates an additional layer of security for it.
Similar to Proof of stake disadvantages a detailed discussion (20)
Bitcoin vs cryptocurrency why bitcoin is better than other cryptocurrenciescmn news
The battle began which came to be known as Bitcoin vs Cryptocurrency options that belonged to other groups. Bitcoin was the first cryptocurrency to come into the world and people were quite excited about it.
What will happen to facebook news cryptocurrencycmn news
Facebook’s new cryptocurrency i.e “Libra”. Facebook wants Libra to be a stable coin, which is a token with a consistent, predictable value that does not fluctuate like bitcoin and other cryptocurrencies.
https://www.cmnnews.live/what-will-happen-to-facebook-news-cryptocurrency/
Cryptocurrency complete guide to earning cryptocmn news
There are so many best sites to earn free cryptocurrency. As you know everyone appreciates a free, — particularly one that has the potential to grow in value.
It is a large, centralized cryptocurrency exchange registered in the Cayman Islands, but with offices in the United States , China and several other countries.
Cmn bounty campaign is live crypto media networkcmn news
News channel, OTT shows & digital publication to provide ethical & accurate data/information about crypto market. Offering CMN token to earn passive income.
Philly council announces that it is completely ready to have city coinscmn news
The Government of Philadelphia is very enthusiastic about exploring a certain kind of partnership with the CityCoins to help boost the treasury with the help of cryptocurrency.
Why do you need to look at these crypto chart patternscmn news
crypto chart patterns look technical patterns like pennants and flags, which signal a high probability of significant moves ahead once cryptos break out of them.
Bitcoin is called the king of Cryptocurrencies. Today’s Bitcoin price is $56,414.07 USD, with a 24-hour trading volume of $38,724,917,323 USD. This is our current Bitcoin to USD exchange rate.
What is the metaverse the popular fancy term explainedcmn news
A new buzzword has captured the tech and crypto industry’s attention: Metaverse. One of the most popular internet platforms is rebranding to embrace the futuristic concept.
What are stablecoins and how its work cmn newscmn news
Stablecoins are backed by stable assets like fiat currency or treasured metals. Therefore their values do not fluctuate a lot. Stablecoins could also be higher used as a type of digital money moderately than speculative funding.
Why are people afraid of crypto charts cmn newscmn news
You want to Invest In Cryptocurrency, you need to ensure that you have all the knowledge and information regarding the crypto charts and how to reach them.
Cardano is green and environmentally friendly. Cardano’s mining process is more efficient than other cryptocurrencies thanks to its two-layer core architecture.
Cardano is a decentralized public blockchain and cryptocurrency developed in Haskell, a dynamic and mathematically provable programming language. The project is developing a smart contract platform that will provide more advanced capabilities than any previous protocol.
Cryptocurrency news – cmn – crypto media network.cmn news
CMN is an ethical news platform for digital currency information having all the latest news in crypto Cryptocurrency. CMN Provides Most Accurate and useful cryptocurrency information available, it plays an important role in the awareness and expansion of the crypto industry. Stay updated with cmnnews to get the latest crypto news and live price.
Cryptocurrency news – cmn – crypto media networkcmn news
CMN is an ethical news platform for digital currency information having all the latest news in crypto Cryptocurrency. CMN Provides Most Accurate and useful cryptocurrency information available, it plays an important role in the awareness and expansion of the crypto industry. Stay updated with cmnnews to get the latest crypto news and live price.
An astonishing, first-of-its-kind, report by the NYT assessing damage in Ukraine. Even if the war ends tomorrow, in many places there will be nothing to go back to.
El Puerto de Algeciras continúa un año más como el más eficiente del continente europeo y vuelve a situarse en el “top ten” mundial, según el informe The Container Port Performance Index 2023 (CPPI), elaborado por el Banco Mundial y la consultora S&P Global.
El informe CPPI utiliza dos enfoques metodológicos diferentes para calcular la clasificación del índice: uno administrativo o técnico y otro estadístico, basado en análisis factorial (FA). Según los autores, esta dualidad pretende asegurar una clasificación que refleje con precisión el rendimiento real del puerto, a la vez que sea estadísticamente sólida. En esta edición del informe CPPI 2023, se han empleado los mismos enfoques metodológicos y se ha aplicado un método de agregación de clasificaciones para combinar los resultados de ambos enfoques y obtener una clasificación agregada.
‘वोटर्स विल मस्ट प्रीवेल’ (मतदाताओं को जीतना होगा) अभियान द्वारा जारी हेल्पलाइन नंबर, 4 जून को सुबह 7 बजे से दोपहर 12 बजे तक मतगणना प्रक्रिया में कहीं भी किसी भी तरह के उल्लंघन की रिपोर्ट करने के लिए खुला रहेगा।
04062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
03062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
31052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
01062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
Here is Gabe Whitley's response to my defamation lawsuit for him calling me a rapist and perjurer in court documents.
You have to read it to believe it, but after you read it, you won't believe it. And I included eight examples of defamatory statements/
Proof of stake disadvantages a detailed discussion
1. Proof of Stake disadvantages: A detailed discussion
There are many blockchaincryptocurrencies
that use Proof of Stake (PoS), we have only
seen a variant of it: delegated Proof of Stake
(dPoS).
2.
3. Proof of Stake disadvantages:
Validators are frequently selected at random from all participants in proof-
of- stake (POS) cryptocurrencies. Users with a greater stake have a better
chance of being selected. This may cause problems, such as the rich
getting richer and dominating the consensus process, which may harm the
network. Proof of Stake protocols may be very complex due to the
numerous factors that game theory has to take into consideration when
creating them, this counts as one of the Proof of Stake disadvantages.
Users compete using a Proof of Stake algorithm to find out who’s the most
secure, but very little energy is consumed in this process, only enough to
keep the CPU running and keep connected to the Internet at all times.
Using a proof of stake mechanism, users receive the same payout,
regardless of how much they have deposited. There is a linear relationship
between profitability and the amount deposited. There is no investmentin
it, another Proof of Stake disadvantages.Crypto money is received by a
staker, and at the same time, his expenses arrive. The result is a positive
cash flow in the short-term.