• 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
  • Thumbnail for 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...
    217 KB (19,547 words) - 22:50, 4 August 2024
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    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 (8,272 words) - 07:42, 7 August 2024
  • of several layers: infrastructure (hardware) networking (node discovery, information propagation and verification) consensus (proof of work, proof of...
    130 KB (12,426 words) - 17:44, 11 August 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 (975 words) - 02:35, 2 August 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
  • 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) - 05:22, 26 July 2024
  • Thumbnail for Bitcoin protocol
    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 (3,063 words) - 13:14, 5 August 2024
  • Thumbnail for Ethereum
    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 (7,010 words) - 04:36, 13 August 2024
  • Proof of authority (PoA) is an algorithm used with blockchains that delivers comparatively fast transactions through a consensus mechanism based on identity...
    3 KB (336 words) - 22:15, 24 May 2024
  • Coin, PP Coin, or PPC, is a cryptocurrency utilizing both proof-of-stake and proof-of-work systems. Peercoin is based on an August 2012 paper that listed...
    7 KB (419 words) - 22:18, 24 May 2024
  • hybrid data structures. DLT consensus algorithm types include proof-of-work (PoW) and proof-of-stake (PoS) algorithms and DAG consensus-building and voting...
    11 KB (1,026 words) - 09:40, 5 August 2024
  • Thumbnail for Mathematical proof
    hypothesis if frequently used as an assumption for further mathematical work. Proofs employ logic expressed in mathematical symbols, along with natural language...
    37 KB (4,600 words) - 08:16, 2 August 2024
  • Thumbnail for Bitcoin Cash
    GoCoin. Bitcoin and Bitcoin Cash both use a proof-of-work algorithm to timestamp every new block. The proof of work algorithm used is the same in both cases...
    37 KB (2,891 words) - 22:17, 24 May 2024
  • Thumbnail for Cardano (blockchain platform)
    the largest cryptocurrency to use a proof-of-stake blockchain, which is seen as a greener alternative to proof-of-work protocols. After leaving Ethereum...
    37 KB (3,074 words) - 11:28, 24 July 2024
  • Decentralized application (category Wikipedia articles in need of updating from March 2021)
    consensus are proof-of-work (POW) and proof-of-stake (POS). Proof-of-work utilises computational power to establish consensus through the process of mining....
    18 KB (1,925 words) - 11:17, 23 July 2024
  • Thumbnail for Cryptographic hash function
    much as possible like a random function (often called a random oracle in proofs of security) while still being deterministic and efficiently computable....
    48 KB (6,228 words) - 21:37, 8 August 2024
  • Crypto-Currency using Berkeley Open Infrastructure Network Computing Grid as a Proof Of Work" (PDF). Archived from the original (PDF) on March 5, 2016. Retrieved...
    36 KB (1,332 words) - 04:49, 26 July 2024
  • Thumbnail for Polkadot (cryptocurrency)
    Polkadot network.[non-primary source needed] Sybil attack Proof of stake List of cryptocurrencies List of blockchains Ferran, Taylor. "Pokadot(DOT)". polkadot...
    6 KB (466 words) - 22:39, 11 June 2024
  • alternative proof-of-work algorithm, is used for Litecoin. According to Motherboard, "Scrypt was chosen because it theoretically prevents the use of ASICs,...
    19 KB (1,581 words) - 20:29, 4 August 2024
  • Transactions are validated through a miner network running RandomX, a proof-of-work algorithm. The algorithm issues new coins to miners and was designed...
    37 KB (3,140 words) - 03:42, 9 August 2024
  • and calculating proof of work or proof of stake. The rise of ASIC SHA-2 accelerator chips has led to the use of scrypt-based proof-of-work schemes. SHA-1...
    51 KB (4,953 words) - 04:53, 11 August 2024
  • Thumbnail for Gridcoin
    Gridcoin, initially using the energy-intensive proof of work - as used by Bitcoin, before migrating to a proof of stake protocol in 2014, similar to Peercoin...
    9 KB (647 words) - 16:45, 3 March 2024
  • First Digital USD (category Articles with topics of unclear notability from March 2024)
    decentralized blockchains leverage consensus mechanisms such as proof of stake (PoS) or proof of staked authority (PoSA), ensuring transaction confirmation...
    3 KB (260 words) - 13:14, 19 March 2024
  • Thumbnail for Firo (cryptocurrency)
    November 2018). "Inflation Propensity of Collatz Orbits: A New Proof-of-Work for Blockchain Applications". Journal of Risk and Financial Management. 11 (4):...
    34 KB (3,024 words) - 04:31, 13 August 2024
  • locked or staked for some time period. One advantage of a 'proof of stake' over a 'proof of work' system, is the high energy consumption demanded by the...
    43 KB (4,768 words) - 10:49, 19 July 2024
  • Thumbnail for Dash (cryptocurrency)
    currency’s future. As of 2018, coins were mined using a proof of work algorithm with a hash function called "X11", with eleven rounds of hashing, and the average...
    9 KB (621 words) - 10:44, 2 August 2024
  • Nick Szabo (category American people of Hungarian descent)
    unless a majority of the parties agreed to accept new solutions, they couldn't start on the next problem. (see also: proof-of-work system). Although Szabo...
    8 KB (756 words) - 04:31, 31 July 2024
  • Thumbnail for Ethereum Classic
    Ethereum chain from proof-of-work consensus mechanism to proof-of-stake in the future by exponentially increasing the difficulty of mining. This Difficulty...
    33 KB (2,781 words) - 05:31, 16 July 2024