Subsquid, a name gaining prominence in the recent days in the world of Web3, is known as a platform providing Web3 data conversion and extraction services. Established in 2021, Subsquid has quickly attracted attention due to its high-quality team and innovative technological breakthroughs. It is ant...

In the world of blockchain and cryptocurrencies, the term “proof of work” (PoW) often emerges as a fundamental concept. Whether you’re new to the realm of digital currencies or a seasoned investor, understanding what proof of work is can provide you with a solid foundation. This article will delve i...

Proof-of-Stake (PoS) has become one of the most talked about consensus mechanisms disrupting the world of cryptocurrency and blockchain technology. As concerns around the energy usage and security of the original Proof-of-Work (PoW) mechanism grow, PoS offers an intriguing alternative. PoS aims to p...

Delegated proof of stake (DPOS) is an innovative consensus algorithm and a variant of Proof of Stake that is playing an increasingly important role in blockchain technology. In this comprehensive guide, we will dive deep into delegated proof of stake to understand how it works, why it was created, a...

Blockchain technology has revolutionized various industries by introducing a decentralized and secure method of recording transactions. Alongside the well-known Proof of Work (PoW) and Proof of Stake (PoS) consensus models, the Proof of Authority (PoA) model has gained popularity in the realm of pri...

Proof-of-Burn Explained – A Novel Way to Reach Consensus on Blockchains Proof of burn (PoB) is an innovative consensus algorithm used by some cryptocurrencies and blockchains as an alternative to proof of work and proof of stake. In proof of burn, miners prove their commitment to the network by “bur...

What is Proof of Capacity (Cryptocurrency) ? Proof of capacity (PoC), also known as proof of space, is an energy efficient consensus mechanism algorithm used in blockchains that allows mining devices in the network to use their available hard drive space to decide mining rights and validate transact...

Proof of Activity (PoA) is a revolutionary concept in the world of blockchain technology, reshaping the way we understand and validate transactions within decentralized networks. As the digital landscape continues to evolve, PoA stands as a beacon of innovation, offering a unique approach to consens...

Introduction Byzatine General’s Problem The interesting concept of Byzantine Fault Tolerance (BFT) finds its roots in the renowned Byzantine General’s Problem, an appealing intellectual exercise that delves into the realm of logic. In this thought experiment, a group of respected generals is faced w...

The tangle, IOTA’s directed acyclic graph (DAG) architecture, offers a promising scalable and efficient alternative to traditional blockchain consensus mechanisms. As the Internet of Things (IoT) grows, micropayments and interconnected devices become more prevalent, requiring a distributed ledger ca...

In the fast-paced world of cryptocurrencies and blockchain technology, innovation is the key to survival. Among the many groundbreaking concepts that have emerged, Proof of Importance (PoI) stands tall, reshaping the landscape of consensus mechanisms. In this article, we delve deep into the intricat...

Blockchain technology has revolutionized the way we perceive and handle transactions, offering enhanced security, transparency, and efficiency. One of the key factors contributing to the success of blockchain networks is the consensus mechanism. A promising consensus algorithm that has gained signif...

Dubai awaits the global crypto community for the 12th edition of the legendary Blockchain Life Forum, which takes place on April 15-16. This highly anticipated event attracts over 8000 attendees from 120 countries, making it the perfect meeting point for anyone interested in web3, cryptocurrencies, ...