How to understand proof of work POW and proof of equity POS

Proof of work (POW), proof of entitlement (POS) and proof of execution (or proof of assignment) are cryptocurrency mining protocols. Essentially, they are computer algorithms that allow cryptocurrency to work. If you have been focusing on cryptocurrency, you may be familiar with the two main protocols of POW and POS. At present, there are about […]

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Blockchain technology is providing security through proof of interest mechanism POS

Blockchain technology is considered to be one of the most subversive technologies today, which is promoting the fourth industrial revolution. The original intention of blockchain is to resist the modification of its data, and its security and privacy advantages are particularly appreciated by banks, governments and technology companies. One of the ways blockchain technology provides […]

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Analysis of advantages and disadvantages based on decentralized POW and POS

One of the core principles to promote the vigorous development of cryptocurrency industry is that digital assets do not need centralized institutions. However, consensus algorithms such as proof of work (POW) and proof of entitlement (POS) let users maintain the integrity of network data to realize the democratization of governance. However, the two kinds of […]

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