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The Evolution of Proof of Stake – From Peercoin and Nxt to Algorand
The concept of using Proof of Stake (PoS) as an alternative to Proof of Work (PoW) for securing crypto networks has been around for a long time now. It was Sunny King and Scott Nadal who first proposed PoS in 2012 as a more energy-efficient solution than mining, which has traditionally been used to secure blockchains such as Bitcoin. дальше »
2020-7-23 11:44
The Creator of Proof-of-Stake Thinks He Finally Figured It Out
Pseudonymous developer Sunny King, the creator of proof-of-stake, has a new approach for the consensus mechanism – and it revolves around hardware. дальше »