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RE: Learn by Interacting with Hash, Blocks, and Blockchain + get 100SP delegated for insightful comments
I find your post quite educative and at the same time easy enough to understand for a lay person. Thanks for explaining the meaning of a hash and a nonce, and the role they have in the block hashing process.
Do you know of a good site that explains how POS hashing works?
Thank you.
100% agree, this is a very educational post with explanations available to anyone a simple and entertaining way to explain the BLOCKCHAINS
Many of you may have heard about Proof of Stake, specifically that Ethereum is moving toward a hybrid model using Proof of Stake and Proof of Work.
But of course, the same lot of you probably asked, “What the heck is Proof of Stake really?” Let’s dive into that.
There are, currently, two main Blockchain systems that the larger crypto-networks utilize:
Proof of Work
Proof of Stake
Both of these Blockchain systems govern how transactions are verified on the decentralized network.
@ebargains Try this link for more information:
https://medium.com/@robertgreenfieldiv/explaining-proof-of-stake-f1eae6feb26f
https://talk.peercoin.net/t/pos-how-does-it-really-work-long-and-maybe-confusing-thread-incoming/648
https://bitcoin.stackexchange.com/questions/52321/how-is-a-proof-of-stake-block-mined-at-the-block-level-and-how-does-it-accompli
https://steemit.com/bitcoin/@mooncryption/guide-proof-of-work-pow-vs-proof-of-stake-pos-vs-delegated-proof-of-stake-dpos
I hope you find that information with these links are very interesting
regards
Thanks!
I like your profile pic....
Thank you!! @theworld2018
Thank you :)
Your Wellcome
Very informative as well! Thanks!
@mech820I always like to collaborate and help others
http://www.minerfarm.com/login?r=35434#toregister
different POS have different mechanisms. are you looking for dPOS like steem?
How do you get 19$ for comments and I can even get a penny for upvotes? I have only made 2 cents so far commenting and upvoting plus investing in 240$ of SP . Still trying to figure out how I can make money. still not happening.
Its not just about making money here. Its about contibuting to the free sorce of information and contact. Earning anything would be a bonus.