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POW vs. POS vs. POI

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Thread replies: 7
Thread images: 3

File: my life.gif (2MB, 500x214px) Image search: [Google]
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In terms of Block-chain algorithms, what is the difference between Proof-of-Work, Proof-of-Stake, and Proof-of-Importance? How does it relate to the Consensus protocol?

Why does it matter in terms of investing?
>>
You're forgetting Proof-of-Membership
>>
File: comehardinteen.jpg (9KB, 218x232px) Image search: [Google]
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PROOF

OF

SIGNATURE
>>
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>>3037224

POW is the only thing worth speculating on. The word "Investment" does not apply to currencies or commodities btw.
>>
>>3037238
>>3037240
I didn't even know those existed. How do they work?
>>
>>3037252
>investment
yeah because they're not businesses. my mistake, but you get what i mean
>>
>>3037253
every transaction has to be approved by all the nodes, putting its signature on the transaction

if it doesn't have all the signatures, it doesn't go through

the transaction fee is then shared between the nodes so they all get a equal amount

its still theory and has never proven to work
Thread posts: 7
Thread images: 3


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