wholesale stainless steel jewelry wholesale What is the consensus mechanism in blockchain technology?
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ladies jewelry wholesale 1. What is the consensus mechanism
In a decentralized structural system, because the status of each participant is equal, when there is differences, how to reach a consensus is a problem.
Therefore, a simple consensus mechanism for a subtle design and practical operation is the key to a distributed system that can run smoothly.
In short, the consensus mechanism is an algorithm that reached consensus on the front and back of things within a time period.
online platforms to sell jewelry wholesale What is the consensus mechanism of the blockchain?
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childrens enamal jewelry wholesale The important point of the blockchain is the blockchain consensus. Consensus is the biggest value of the blockchain, but what is the consensus mechanism and what kind of consensus mechanism is divided into?
The consensus mechanism of the current blockchain can be roughly divided into three categories: POW, POS, DPOS, POW is Proof of Work, the workload certificate mechanism. In order to obtain accounting and incentives under the POW mechanism, miners must pass For a certain amount of workload for mathematical operations, whoever calculates the answer is the fastest and fastest, and they get the right to bookkeeping and reward. This is to guarantee the authenticity and effectiveness of the bookkeeping work. According to the mode of distribution of labor, the higher the computing power and the longer the mining time, the more digital currencies obtained. The typical is BTC, BTM, and its great advantage is that the safety coefficient is high.
POS, Proof of Stake, rights and interest certificate, POS also called the equity certificate mechanism, which is to generate interest through holding coins, so as to reward the verifications and nodes. Here we must first understand a concept. The number of age equal to the currency is multiplied by the number of days held by currency, so the more the number of currency you hold, the longer the number of days you hold, the greater the probability of accounting and incentives you get! When you get incentives, your number of days of holding currency will be cleared, and the currency age will be cleared in such a weekly. The more representative is the quantum chain. What is the DPOS? Too much, you can watch this video, which is clearly clear about Meow Meow Blockchain Phase 11 | Don't understand the consensus mechanism, why talk about the blockchain?