Day: October 8, 2017

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Blockchain

What is the use of Proof Of Work and Proof Of Stake algorithms?

The Proof Of Work algorithm is a cornerstone of Blockchain-related technologies. It gave birth to the Mining concept. In the next few months, we’re going to witness the release of Proof Of Stake algorithms to replace it. But what are these Proof Of Algorithms doing? Why are they important?

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