A blockchain consensus mechanism that is based on the amount of cryptographic solutions in storage. Also called "proof-of-space" (PoSpace), the more storage and solutions, the greater chance of ...

The logic embodied in all the nodes of a blockchain that ensures the chain's integrity. Because there is no central authority in a blockchain, the consensus mechanism ensures that at least 50% of the ...

Blockchains are evolving, and consensus mechanisms are at the heart of it. Here's a quick look at the range of decentralized validation and authentication mechanisms in use today. Blockchain networks ...

Proof of Work (PoW) is a consensus mechanism where miners use computing and compete to solve mathematical puzzles. When a puzzle is solved, transaction data is validated and added to the network, and ...

Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew ...

One of Bitcoin’s most unique features is its consensus algorithm, which set the precedent for a Byzantine Fault Tolerant (BFT) peer-to-peer currency system. The most common definition of Bitcoin’s ...

Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew ...