Proof of Hedge

Meaning of Proof of Hedge PoHe is a fundraising based algorithm which gives donor and investors opportunity to hodl issued coin/token for profit for a specific period of time at an agreed buyback price and which their token is buyback by the project profits and not sold out to exchanges till all investors token totally […]

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Proof of Knowledge

Meaning of Proof of Knowledge Proof of Knowledge refers to uncommon way of mining and getting rewarded on knowledge focused or educational based Blockchain projects. It still not as popularly adopted widely in crypto sphere like PoW and PoS.

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Proof of Stake

Meaning of Proof of Stake It is considered the greener alternative to PoW. It requires hodling of certain amount of coin/token to verify transactions on the Blockchain. Where PoW requires to perform a certain amount of computational work, a proof of stake system requires only to show ownership of a certain amount of money, or stake […]

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Proof of Importance

Meaning of Proof Of Importance  PoI it is a crypto algorithm which involves rewarding higher spender of a coin/token as a way to keep and secure the ecosystem of the Blockchain. Instead of PoS which reward hodlers, PoI rewards spenders. The first use case of Proof of Importance is NEM (XEM).

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Proof of Work

Meaning of Proof of Work PoW is a crypto algorithm which requires to perform a certain amount of computational work in other to mine a block successfully on a Blockchain and get new coin as miner reward. Proof of work was a concept originally designed to sieve spam emails and prevent DDoS attacks (See DDoS). A Proof […]

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Ethereum Improvement Proposal

Meaning of Ethereum Improvement Proposal It is used to describe the features, standard of operation or new feature implementation and how it will be handled and executed on Ethereum Blockchain.  

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Staking

Meaning of Staking The process of mining a proof of stake coin is often referred to as Staking. Most cryptocurrency including the first and largest one Bitcoin, use proof-of-work mining to secure the blockchain. This has proven to be very secure and effective, but has some drawbacks like expensive energy usage and the need for […]

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