Discover and read the best of Twitter Threads about #PoB
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The #EthereumMerge made everyone an expert on the subject of the different consensus mechanisms.👑
But the discussion revolves more around proof of work (#PoS) and proof of stake (#PoW).🚀
Shining light on others like proof of burn (#PoB) and proof of activity (#PoA):âš¡
But the discussion revolves more around proof of work (#PoS) and proof of stake (#PoW).🚀
Shining light on others like proof of burn (#PoB) and proof of activity (#PoA):âš¡
A consensus mechanism is the set of rules under which the #blockchain operates.✨
These rules dictate who gets to mine new crypto and the conditions for it.💎
1. Proof of activity (#PoA):💸
These rules dictate who gets to mine new crypto and the conditions for it.💎
1. Proof of activity (#PoA):💸
Proof of activity is the hybrid of #PoW and #PoS.💰
This consensus mechanism is used by @EspersCoin and @decredproject.
In #PoA, the first step is mining the blockchain in a traditional PoW way.👇
This consensus mechanism is used by @EspersCoin and @decredproject.
In #PoA, the first step is mining the blockchain in a traditional PoW way.👇
A-a-a-a-nd the results are in!
Unsurprisingly, the lovable floppy '#Bagpuss' won, but - in my twisted mind's eye at least, and I suspect in a few others' - who was it that folks were *really* voting for...
Unsurprisingly, the lovable floppy '#Bagpuss' won, but - in my twisted mind's eye at least, and I suspect in a few others' - who was it that folks were *really* voting for...
First off, there's #Bagpuss...
...and then there's #Pob (quite a few spotted this one)...
