Blockchain networks rely on consensus algorithms to secure and validate their networks. Bitcoin and Ethereum, among other protocols, often experience network congestion, spikes in fees, and halts due to inadequacies with their forms of consensus. Proof of Ethic™ was developed to solve these problems and provide a virtually unlimited scalability solution. Proof of Ethic™ is […]
Articles Tagged: consensus
Understanding Consensus Algorithms
UNDERSTANDING WHAT A CONSENSUS ALGORITHM IS AND WHY THEY EXIST In most data management systems, a central administrator has the power to manage and update any centralized system, such as a database holding critical information. Any updates, such as adding or removing information, are managed by a central authority, which is solely responsible for keeping […]
