Still remember the experience of using Ethereum wallet to transfer money to others for the first time? You pasted a long string of characters, murmured to double check the input content and the information by the other party. However, since the address was too long and you only checked the last 4 characters, then clicked the button for account transfer before suddenly realizing there was no space between the character strings? Or whether you might confuse the number 1 and the letter I?
All the cryptocurrencies which demand hardware mining have adopted the POW consensus mechanism now. Before mining, we must choose the type of cryptocurrency first. Since the cryptocurrencies to be mined adopt different POW encryption algorithms, they need different mining algorithms as well as different requirements on corresponding miners.
Byzantine Generals Problem is a common term in the blockchain field as well as a core issue in cryptography.
Byzantine Generals Problem is a distributed peer-to-peer network communication fault tolerance proposed by Leslie Lamport in his paper The Byzantine Generals Problem.
With the birth of bitcoin, the controversy about itself has never ended. Everyone has its own opinions on bitcoin.
Since there are too many criticisms on the mining centralization, this paper will analyze the impact of the three most common consensus mechanisms on the degree of decentralization of block producers.
This article will provide a comprehensive introduction to MimbleWimble and the new crypto currency based on MimbleWimble, Grin and Beam. The introduction of this article includes: the features of MimbleWimble, the mining, trading and other aspects of Grin and Beam. Finally we will also compare Grin and Beam.