How Bitcoin Helps Safe Proof-of-Stake Blockchain Protocols

62
1309

A community’s Proof-of-Work consensus mechanism could be a helpful technique of guaranteeing a wide range of safety. Proof of Stake (PoS) Because of the efforts of a Stanford College professor, the sensible contract blockchain protocol was developed.

David Tse and his analysis group are selling using this nice cryptocurrency to supply further safety to PoS networks. Tse’s personal Babylon blockchain is meant to be used with Bitcoin (BTC) to strengthen the safety of the community and encourage BTC holders to take part in a ostensibly new method that permits staking of Bitcoin on the Proof of Stake chain.

Learn extra on Cointelegraph

See also  HPChain is powering the Web3 GPU DePIN ecosystem. "Mining Share as a Service"

Comments are closed.