Blockchain Consensus EXPLAINED! (Algorithms/ Mechanisms). Part 1

Blockchain Consensus Algorithms/ Mechanisms. Part 1

What is Block chain Consensus? | Total Crypto Updates

Description:
New video for educational purposes; on a select few coins and tokens. Please watch to get a better understanding

SUMMARY
- What is consensus mechanism/Algorithm ?
- What is Proof of Work?
- What is Proof of Stake?
- What is Delegated proof of Stake?
- What is Proof of Importance ?
- What is Proof of Capacity?


LINKS.
- Pricing via Processing or Combatting Junk Mail by Cynthia Dwork Moni Naor
https://www.wisdom.weizmann.ac.il/~naor/PAPERS/pvp.pdf

- Proofs of Work and Bread Pudding Protocols(Extended Abstract) by Markus Jakobsson & Ari Juels
https://link.springer.com/chapter/10.1007/978-0-387-35568-9_18. Proof of work

- Bitcoin: A Peer-to-Peer Electronic Cash System by Satoshi Nakamoto
https://bitcoin.org/bitcoin.pdf. Bitcoin white papers

- PPCoin: Peer-to-Peer Crypto-Currency with Proof-of-Stake by;Sunny King, Scott Nadal
https://decred.org/research/king2012.pdf popcorn


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