The concept for Proof of Work (PoW) was initially published in the year 1993 by Cynthia Dwork and Moni Naor and was later implemented by Satoshi Nakamoto in his Bitcoin paper…
Tag: Proof Of Work
How the Peer to Peer Transactional Model Lead to Safer Business Ecosystems?
The Peer to Peer network-based transactional model is one of the most robust platforms available in today’s business ecosystem. The P2P is chosen over others owing to certain intrinsic characteristics that…
Five Innovations Which have Transformed the Diamond Industry
A diamond is forever! The diamond industry is one of the biggest industries of the world with an enormous value of money involved with it. If we consider the global figures,…
A Brief Note on Proof of Stake
If you know about blockchain, then, likely, you have also heard about Proof of Work. It is a protocol used by blockchain miners to counter DDoS or other such cyber-attacks. The…