Growth cryptocurrencies: Ponimania two basic consumption measures
The world of cryptocurrencies in the last years have become widespread when new coins and tokens are launched. These cyther currencies are powerful, it will be possible to have a few compatient conseming mechanisms, which are written by these cipher currencies, evidence of work (military -Moors) and evidence of the wheel (POS).
evidence of work (warrior)
The evidence of the work is one of the earliest and the most widely used consensus algorithms in cryptocurrency. This was around, as a protocol of bitcoins was first released in 2009.
How is it work
In the warrior miner, they competition for solving the phrase -mathematical heads, which are included in the Sebe:
۱
- Creating Block :
Field
PROVICE
POW ATTERS NUMBERS:
Field
Field
* Skarost : Bloats Pow are generated and tuned in a more fast -paced temp.
Insufficient
At the same time, there is some non -absence:
* Fine energy :
* Centralization :
* Entering : Pow launches and 51% attack on the network -in -the -coward.
evidence of the wheel (POS)
The evidence of the stake is the alternative mechanism of the consensus, which is collected by the popularity in the last years. The first he was won by a buterin, Ethereum, and from the time, the other cryptocurrencies, such as tezos and cosmos.
How is it work
The validators are selected for the creation of new blocks based on their fate in the network, not on the computeal dilapidation. Process
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- RUBLY FIRST : Walidators are selected from the pool of Kohl.
۳.
PROVICE
The head will submit a few times:
Field
* GROPPOSE :
* Medal TEMP : The head generates blockers in a painful medlen pace, what is war -fed.
Insufficient
There is also some non -absence in the heads:
* Centralization :
* The problems of the scale
: the head -throat is still in the early stages that can make her less scale than the pow.
BEGINNING
| Consensus Mechanism Combining Energy (KWH) Time Generation of Blocks (Seconds)
| — | — | — |
| Pow | That’s low up to dying fast (10-30 seconds)
| Dollar-headed moderate (2-5 kWh/million) copper (1-3 past)
conclusion
Election of the work and evidence of the circle in the course of itoge is the specifics of your cryptocurrency project.