Proof of Assignment (PoA) vs. Proof of Work (PoW) and Proof of Stake (PoS)

2018-7-24 01:16

Proof of Work (PoW), Proof of Stake (PoS), and Proof of Assignment (PoA) are cryptocurrency mining protocols. Essentially, they are computer algorithms that allow cryptocurrencies to function.   If you’ve been following the crypto world, then you’re probably already familiar with the two main protocols known as PoW and PoS. As it stands, there are […]

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Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03


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PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that utilizes a more advanced and energy-efficient form of laser technology as the cornerstone of mining.

2018-7-14 01:04