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Do The Chuyen

Do The Chuyen

2 posts published

Consensus logo with the picture describing many people in a network
Bitcoin and Ethereum

Popular Consensus Mechanism and Comparison

The so-called blockchain technology or "Distributed Ledger Technology" (DLT) has developed rapidly in recent years. In particular, the rise in the value of Bitcoin and other cryptocurrencies and the worldwide success of some large initial coin offerings (ICO) has raised public interest in developments in the digital world. One of

  • Do The Chuyen
Do The Chuyen Apr 20, 2022 • 5 min read
The Bitcoin symbol and the action of digging Bitcoin as Proof of work
Bitcoin and Ethereum

Proof-Of-Work (POW)

Bitcoin presently uses an agreement protocol referred to as proof-of-work (PoW). That allows the Bitcoin network nodes to agree on the state of all information recorded on the Bitcoin blockchain and prevents certain kinds of economic attacks.

  • Do The Chuyen
Do The Chuyen Apr 19, 2022 • 4 min read
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