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What is Proof of Stake (Pos) and How Does it Work?

By terminator
July 28, 2022
in :  Learn
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what is proof

Proof of stake is the best alternative to Bitcoin proof of work, but how does it really work? When it comes to decentralized ledger technology, there are endless applications, including blockchain. One of the key ways to define a blockchain is through its consensus mechanism, the method used to validate transactions made on the public ledger. If you’ve ever tried …

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What Are Cryptocurrencies and How Do They Work?

By terminator
July 25, 2022
in :  Learn
0
23
what are cryptocurrencies

Basic manual to enter the world of digital currencies Cryptocurrencies or crypto assets are a means of digital exchange that functions like a currency. It uses cryptography to protect and verify transactions, in addition to controlling the creation of new units. The “blockchain” technology on which it is based, allows the creation of a network of devices without the need …

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