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How Blockchains Achieve Consensus
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What Is a Blockchain Consensus Algorithm?
Consensus algorithms are integral to blockchains, ensuring coordination between users and security of the network. Learn more at Binance Academy.
What Is Proof of Work (PoW)?
The Proof of Work (PoW) consensus algorithm is vital to the security of many cryptocurrencies and blockchains today. Learn more at Binance Academy.
Proof of Stake Explained
Proof of Stake, a consensus algorithm for many cryptocurrencies. Learn about Proof of Stake and how it differs from Proof of Work on Binance Academy.
Delegated Proof of Stake Explained
The Delegated Proof of Stake (DPoS) consensus algorithm is considered by many as a more efficient and democratic version of the preceding PoS mechanism.
Hybrid PoW/PoS Consensus Explained
The objective of hybrid PoW and PoS systems is to capture the benefits of the respective approaches and use them to balance each other’s weaknesses.
Delayed Proof of Work Explained
Delayed Proof of Work (DPoW) is a consensus algorithm designed by Supernet as part of the Komodo project. Learn about DPoW on Binance Academy.
Proof of Burn Explained
Proof of Burn (PoB) is being tested as a possible alternative to Proof of Work and Proof of Stake. Learn about PoB on Binance Academy!
Proof of Authority Explained
Proof of Authority is currently being implemented as a more efficient alternative to Proof of Work and Proof of Stake. Learn why on Binance Academy.