RE: Learn by Interacting with Hash, Blocks, and Blockchain + get 100SP delegated for insightful comments

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Learn by Interacting with Hash, Blocks, and Blockchain + get 100SP delegated for insightful comments

in bitcoin •  7 years ago 

100% agree, this is a very educational post with explanations available to anyone a simple and entertaining way to explain the BLOCKCHAINS

Many of you may have heard about Proof of Stake, specifically that Ethereum is moving toward a hybrid model using Proof of Stake and Proof of Work.

But of course, the same lot of you probably asked, “What the heck is Proof of Stake really?” Let’s dive into that.

There are, currently, two main Blockchain systems that the larger crypto-networks utilize:

Proof of Work
Proof of Stake
Both of these Blockchain systems govern how transactions are verified on the decentralized network.
@ebargains Try this link for more information:
https://medium.com/@robertgreenfieldiv/explaining-proof-of-stake-f1eae6feb26f
https://talk.peercoin.net/t/pos-how-does-it-really-work-long-and-maybe-confusing-thread-incoming/648
https://bitcoin.stackexchange.com/questions/52321/how-is-a-proof-of-stake-block-mined-at-the-block-level-and-how-does-it-accompli
https://steemit.com/bitcoin/@mooncryption/guide-proof-of-work-pow-vs-proof-of-stake-pos-vs-delegated-proof-of-stake-dpos
I hope you find that information with these links are very interesting
regards

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Thanks!

I like your profile pic....

Thank you!! @theworld2018

Thank you :)

Your Wellcome

Very informative as well! Thanks!

@mech820I always like to collaborate and help others