The 7 Types of Consensus Mechanisms You NEED To Know
Рет қаралды 6,378
Күн бұрынUnlike in centralized systems where a central administrator maintains and updates the database, decentralized systems disperse this role to different nodes which must reach the same conclusion and agree on the legitimacy of transactions hence the name consensus.
In this video, we will look at 7 different types of consensus mechanisms besides proof of work and proof of stake.
Links:
CoinGecko: www.coingecko.com/
GeckoTerminal: www.geckoterminal.com/
Timestamps:
00:00 Intro
00:51 Why is consensus important?
02:32 Proof of Activity
04:03 Proof of Authority
05:40 Proof of Burn
07:07 Proof of Capacity
08:35 Proof of History
09:53 Proof of Importance
10:52 Delegated Proof of Stake
11:57 Outro
Download CoinGecko App!📱
iOS: gcko.io/coingecko-ios
Android: gcko.io/coingecko-android
Follow us!
Twitter: / coingecko
Instagram: / coingecko
TikTok: / coingeckotv
Telegram: t.me/coingecko
Subscribe to CoinGecko's Newsletter! 📩
landing.coingecko.com/newslet...
#blockchain #pow #pos #crypto #cryptocurrency #proofofwork #ethereum #finance #proofofstake
@CoinGecko Жыл бұрын
GM Geckos! What other consensus mechanism would you like to know more? Drop us a comment below!
@dannaibnsaid2221 Жыл бұрын
The only channel that I don't regret to subscribe. I am really enjoying this channel.
@snoopanoop7705 Жыл бұрын
Keep up the awesome content
@shahabrao8995 Жыл бұрын
i thick delegated proof of work sound amazing
@cryptographee5776 Жыл бұрын
What of stellar consensus protocol, federated byzantine agreement please I need video of it
@pavelgoldenshtein2336 Жыл бұрын
What about zkEVM on Polygon?
@thelolzchannel7757 Жыл бұрын
Nice
@BrainBox1212 Жыл бұрын
What about Proof of Security
Learn with Whiteboard
Рет қаралды 18 М.
Wylsacom
Рет қаралды 9 МЛН
TechCrunch
Рет қаралды 2,2 МЛН
CoinGecko
Рет қаралды 53 М.
Josh's DevBox
Рет қаралды 9 М.