Proof of work (PoW) is a form of cryptographic proof in which one party (the prover) proves to others (the verifiers) that a certain amount of a specific...
29 KB (2,989 words) - 14:30, 30 June 2024
Proof-of-stake (PoS) protocols are a class of consensus mechanisms for blockchains that work by selecting validators in proportion to their quantity of...
22 KB (2,386 words) - 14:42, 9 July 2024
Bitcoin (category Wikipedia articles in need of updating from November 2023)
process based on proof of work, called mining, that guarantees the security of the bitcoin blockchain. Mining consumes large quantities of electricity and...
102 KB (8,269 words) - 22:13, 14 July 2024
Cryptocurrency (redirect from Criticism of cryptocurrency)
instead of SHA-256. Peercoin, created in August 2012, used a hybrid of proof-of-work and proof-of-stake. Cryptocurrency has undergone several periods of growth...
216 KB (19,462 words) - 14:09, 28 June 2024
Blockchain (redirect from Types of blockchain)
of several layers: infrastructure (hardware) networking (node discovery, information propagation and verification) consensus (proof of work, proof of...
130 KB (12,433 words) - 15:34, 5 July 2024
notable types of consensus mechanisms are proof-of-work and proof-of-stake. By 2007, a number of distributed systems for the prevention of double-spending...
8 KB (962 words) - 03:39, 8 July 2024
been designed to be less energy intensive than the more widely used proof of work, although there is disagreement about how secure and decentralized this...
32 KB (2,845 words) - 16:18, 1 July 2024
Bitcoin protocol (redirect from Protocol of Bitcoin)
a public ledger that records all Bitcoin transactions; mining and proof of work, the process to create new bitcoins and verify transactions; and cryptographic...
22 KB (3,134 words) - 19:19, 5 July 2024
September 2022, Ethereum transitioned its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS) in an upgrade process known as "the Merge". This...
78 KB (7,003 words) - 22:16, 7 June 2024
al.. Proofs of space are very similar to proofs of work (PoW), except that instead of computation, storage is used to earn cryptocurrency. Proof-of-space...
14 KB (1,564 words) - 20:10, 29 June 2024