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Dogecon • June 21-24, 2018

Dogecon Vancouver 2018 is a weekend celebration of the social layer of crypto culture, embracing memes and tweetstorms as the…

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Tag: proof of importance

Welcome to the World of Blockchain Consensus Protocols

Category: Blockchain, News, Tech

Welcome to the World of Blockchain Consensus Protocols

For cryptocurrency transactions to be conducted successfully, they need to be confirmed by the blockchain. These confirmations are based on what are referred to as consensus mechanisms.  According to KPMG: “In distributed ledgers, a consensus mechanism is the way in which a majority, (or, in some mechanisms, all) of network members agree on the value of a piece of data…

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