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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How about the security of pow network

Brief introduction of workload certification All cryptocurrencies define the state of ownership within their network. In order for cryptocurrency to be available, there must be a way to update this ownership status. In most of the existing cryptocurrencies, the ownership state is defined by a recognized history of all transactions that have occurred, which are […]

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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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