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Tag:

Consensus

Consensus mechanisms

Delegated Byzantine Fault Tolerance (dBFT)

Operates on the principle of Byzantine Fault tolerance to verify blocks, by using an election followed by a validation…

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Last updated 2019-06-18

Consensus mechanisms

Delegated Proof of Stake (DPoS)

Operates on the principle that everyone can win the chance to add a block to the blockchain, by using an election…

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Last updated 2018-01-23

Consensus mechanisms

Leased Proof-of-Stake (LPoS)

Operates on the principle that literally everyone can win the chance to add a block to the blockchain, by using a…

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Last updated 2018-01-23

Consensus mechanisms

Proof-of-Stake (PoS)

Operates on the principle that ‘everyone’ can win the chance to add a block to the blockchain, by using a system not…

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Last updated 2022-09-15

Consensus mechanisms

Proof-of-Work (PoW)

Operates on the principle that it is expensive to add a block of new transactions to the blockchain. Used by: Bitcoin,…

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Last updated 2022-09-15

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