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Algorand's Pure Proof-of-Stake Consensus Protocol

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Manage episode 345006701 series 3297850
Kandungan disediakan oleh Farzan Akhtar. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Farzan Akhtar atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.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/
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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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68 episod

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iconKongsi
 
Manage episode 345006701 series 3297850
Kandungan disediakan oleh Farzan Akhtar. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Farzan Akhtar atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.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)

  continue reading

68 episod

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