Consensus Mechanism in Blockchain Archives | Shardeum | EVM based Sharded Layer 1 Blockchain https://shardeum.org/blog/category/blockchain-basics/consensus-mechanism-blockchain/ Decentralization for everyone Mon, 20 May 2024 19:20:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://shardeum.nyc3.cdn.digitaloceanspaces.com/shardeum/2022/06/shardeum-favicon-150x150.jpg Consensus Mechanism in Blockchain Archives | Shardeum | EVM based Sharded Layer 1 Blockchain https://shardeum.org/blog/category/blockchain-basics/consensus-mechanism-blockchain/ 32 32 Which is Preferable Between Proof-of-Work Vs Proof-of-Stake? https://shardeum.org/blog/proof-of-work-and-proof-of-stake/ https://shardeum.org/blog/proof-of-work-and-proof-of-stake/#respond Tue, 22 Nov 2022 13:25:21 +0000 https://shardeum.org/blog/?p=7304 Learn the differences between Proof of Work and Proof of Stake consensus mechanisms in blockchain technology. Understand their impact on efficiency, security, and energy use.

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]]> https://shardeum.org/blog/proof-of-work-and-proof-of-stake/feed/ 0 Proof-of-Stake Sharding (PPOSS) https://shardeum.org/blog/what-is-proof-of-stake-sharding/ https://shardeum.org/blog/what-is-proof-of-stake-sharding/#respond Fri, 23 Sep 2022 14:02:49 +0000 https://shardeum.org/blog/?p=6391 Proof-of-Stake sharding is the process of horizontally splitting blocks or databases of a PoS consensus blockchain. Know more about what is proof of stake sharding (PPOSS)

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]]> https://shardeum.org/blog/what-is-proof-of-stake-sharding/feed/ 0 What Is Proof-of-Work (PoW) in Blockchain? https://shardeum.org/blog/what-is-proof-of-work/ https://shardeum.org/blog/what-is-proof-of-work/#respond Tue, 06 Sep 2022 13:51:04 +0000 https://shardeum.org/blog/?p=6002 Proof of work is a technique used to verify the accuracy of new transactions added to a blockchain. Learn more about what is proof of work & how proof of work works

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]]> https://shardeum.org/blog/what-is-proof-of-work/feed/ 0 What Is Proof-of-Work (PoW) in Crypto? https://shardeum.org/blog/what-is-proof-of-work-2/ https://shardeum.org/blog/what-is-proof-of-work-2/#respond Tue, 06 Sep 2022 13:51:04 +0000 https://shardeum.org/blog/?p=6002 Proof of work is a technique used to verify the accuracy of new transactions added to a blockchain. Learn more about what is proof of work & how proof of work works

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]]> https://shardeum.org/blog/what-is-proof-of-work-2/feed/ 0 What is Proof-of-Stake in Blockchain? A Complete Guide https://shardeum.org/blog/what-is-proof-of-stake/ https://shardeum.org/blog/what-is-proof-of-stake/#respond Wed, 24 Aug 2022 14:02:46 +0000 https://shardeum.org/blog/?p=5873 Proof of stake is a consensus mechanism in blockchain where validators are chosen to create new blocks based on the amount of cryptocurrency they hold. Know more about what is proof of stake

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]]> https://shardeum.org/blog/what-is-proof-of-stake/feed/ 0 Consensus Mechanism Used in Shardeum https://shardeum.org/blog/consensus-mechanism-used-in-shardeum/ https://shardeum.org/blog/consensus-mechanism-used-in-shardeum/#respond Tue, 22 Mar 2022 16:22:04 +0000 https://shardeum.org/blog/?p=3797 Consensus mechanism is a protocol that enable participants in a distributed network to agree on the state of a shared ledger. Know more about consensus mechanism

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]]> https://shardeum.org/blog/consensus-mechanism-used-in-shardeum/feed/ 0 What is Consensus in Cryptocurrency? https://shardeum.org/blog/what-is-consensus-in-cryptocurrency/ https://shardeum.org/blog/what-is-consensus-in-cryptocurrency/#respond Thu, 17 Mar 2022 19:16:52 +0000 https://shardeum.org/blog/?p=3705 Consensus mechanism in blockchain enables the security and decentralization of our transactions.

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