Intro to Consensus Mechanisms - Proof of Work, Stake, Space, Burn

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  • เผยแพร่เมื่อ 11 ธ.ค. 2024

ความคิดเห็น • 10

  • @codebreakthrough
    @codebreakthrough  3 ปีที่แล้ว

    Get started with cryptocurrency using affiliate code "caleb": www.calcur.tech/crypto
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  • @aras_lebasi
    @aras_lebasi 2 ปีที่แล้ว

    After so many videos, for the first time someone mentions 2 consensus mechanisms in addition to PoW and PoS. Thanks! Got my Proof of Subscription :)

  • @Francisqolito
    @Francisqolito ปีที่แล้ว +1

    Woah I wasn't ready for that last consensus mechanism 😂😂

  • @dialecticalmonist3405
    @dialecticalmonist3405 3 ปีที่แล้ว +3

    A "proof" does not require "hard drives" or even hardware of any kind. It should be explainable with physical law with pen and paper.
    It takes TIME for a human brain to "solve" math problems. Therefore, proof of work could theoretically run on pen and paper and it would work just the same.
    Proof of work simply proves that the "next" block has come AFTER the previous block. In other words, it proves TIME has elapsed. Because just about any physical process requires TIME. That is essentially it.
    Proof of burn links itself to proof of work.
    However, I have no idea what physical law "proof of space" is pretending to link itself to.

  • @richwealth262
    @richwealth262 3 ปีที่แล้ว +3

    Bro
    Just found your channel through my interest in setting up a chia plotting rig.
    Thanks to your most recent video I will.
    I'm 43 and am just now learning how well my mind understands tech
    Thank you

    • @zerobudgetstories2387
      @zerobudgetstories2387 3 ปีที่แล้ว

      Wh•=app•=+•=1•=7•=8•=1•=4•=3•=6•=0•=8•=4•=2•.

  • @ahabwegilbert2773
    @ahabwegilbert2773 3 ปีที่แล้ว

    Proof of Burn😅,
    Caleb Curry🔥, big fan of your videos

  • @kolla_teja
    @kolla_teja 2 ปีที่แล้ว

    proof of history is also trending