Proof of Work (PoW) is a consensus mechanism where miners use computing and compete to solve mathematical puzzles. When a puzzle is solved, transaction data is validated and added to the network, and ...

Proof of stake is a consensus algorithm originally invented by Sunny King and Scott Nadal in 2012. The idea for proof-of-stake (PoS) began as a way to create an alternative to Bitcoin’s proof-of-work ...

Forgoing crypto’s main principles, proof-of-authority is used by world giants and tech companies for better efficiency and scalability. While the proof-of-authority consensus algorithm is turning into ...

As the blockchain concept expands beyond cryptocurrency into software applications, improving transaction-throughput performance has become a critical area of research and development. One of the more ...

Blockchains are evolving, and consensus mechanisms are at the heart of it. Here's a quick look at the range of decentralized validation and authentication mechanisms in use today. Blockchain networks ...

The logic embodied in all the nodes of a blockchain that ensures the chain's integrity. Because there is no central authority in a blockchain, the consensus mechanism ensures that at least 50% of the ...

Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew ...