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Algorand's Pure Proof-of-Stake Consensus Protocol

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Manage episode 345006701 series 3297850
内容由Farzan Akhtar提供。所有播客内容(包括剧集、图形和播客描述)均由 Farzan Akhtar 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

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Podcast - https://www.blockchainandbeyond.co.uk/
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Youtube - https://www.youtube.com/channel/UCpxhLjdOdi5oiOG2nRIgsTQ/featured
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Algorand uses a pure proof-of-stake (PPoS) protocol built on Byzantine consensus. Each user’s influence on the choice of a new block is proportional to its stake (number of tokens) in the system. Users are randomly and secretly selected to propose blocks and vote on block proposals. All online users have the chance to be selected to propose and vote. The likelihood that a user will be chosen, and the weight of its proposals and votes, are directly proportional to its stake. (Source: https://www.algorand.com/technology/pure-proof-of-stake)

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Manage episode 345006701 series 3297850
内容由Farzan Akhtar提供。所有播客内容(包括剧集、图形和播客描述)均由 Farzan Akhtar 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Twitter - https://twitter.com/FarzanAkhtar1
Discord: https://discord.gg/Rf7CkZEGds
Podcast - https://www.blockchainandbeyond.co.uk/
Substack - https://substack.com/profile/33433115-farzan-a
Youtube - https://www.youtube.com/channel/UCpxhLjdOdi5oiOG2nRIgsTQ/featured
Instagram - https://www.instagram.com/blockchainandbeyondpodcast/
Tiktok - https://www.tiktok.com/@blockchainandbeyond2021
Algorand uses a pure proof-of-stake (PPoS) protocol built on Byzantine consensus. Each user’s influence on the choice of a new block is proportional to its stake (number of tokens) in the system. Users are randomly and secretly selected to propose blocks and vote on block proposals. All online users have the chance to be selected to propose and vote. The likelihood that a user will be chosen, and the weight of its proposals and votes, are directly proportional to its stake. (Source: https://www.algorand.com/technology/pure-proof-of-stake)

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