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Innhold levert av Farzan Akhtar. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Farzan Akhtar eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
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Algorand's Pure Proof-of-Stake Consensus Protocol

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Manage episode 345006701 series 3297850
Innhold levert av Farzan Akhtar. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Farzan Akhtar eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Twitter - https://twitter.com/FarzanAkhtar1
Discord: https://discord.gg/Rf7CkZEGds
Podcast - https://www.blockchainandbeyond.co.uk/
Substack - https://substack.com/profile/33433115-farzan-a
Youtube - https://www.youtube.com/channel/UCpxhLjdOdi5oiOG2nRIgsTQ/featured
Instagram - https://www.instagram.com/blockchainandbeyondpodcast/
Tiktok - https://www.tiktok.com/@blockchainandbeyond2021
Algorand uses a pure proof-of-stake (PPoS) protocol built on Byzantine consensus. Each user’s influence on the choice of a new block is proportional to its stake (number of tokens) in the system. Users are randomly and secretly selected to propose blocks and vote on block proposals. All online users have the chance to be selected to propose and vote. The likelihood that a user will be chosen, and the weight of its proposals and votes, are directly proportional to its stake. (Source: https://www.algorand.com/technology/pure-proof-of-stake)

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68 episoder

Artwork
iconDel
 
Manage episode 345006701 series 3297850
Innhold levert av Farzan Akhtar. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Farzan Akhtar eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Twitter - https://twitter.com/FarzanAkhtar1
Discord: https://discord.gg/Rf7CkZEGds
Podcast - https://www.blockchainandbeyond.co.uk/
Substack - https://substack.com/profile/33433115-farzan-a
Youtube - https://www.youtube.com/channel/UCpxhLjdOdi5oiOG2nRIgsTQ/featured
Instagram - https://www.instagram.com/blockchainandbeyondpodcast/
Tiktok - https://www.tiktok.com/@blockchainandbeyond2021
Algorand uses a pure proof-of-stake (PPoS) protocol built on Byzantine consensus. Each user’s influence on the choice of a new block is proportional to its stake (number of tokens) in the system. Users are randomly and secretly selected to propose blocks and vote on block proposals. All online users have the chance to be selected to propose and vote. The likelihood that a user will be chosen, and the weight of its proposals and votes, are directly proportional to its stake. (Source: https://www.algorand.com/technology/pure-proof-of-stake)

  continue reading

68 episoder

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