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As you may know, digital currencies and their underlying blockchain technology are built around the community consensus, where no central authority has the power. Instead, the changes to the distributed ledger have to be agreed upon by the majority. For empowering this idea, most blockchains take on either Proof of…Read full article
Most cryptocurrencies usually validate transactions over their network with the help of miners, employing what is known as the Proof of Work (PoW) system. A rival concept, however, named proof of stake, may finally change all of that and transfer the power of decentralization from miners to actual users of…Read full article