Shinobi Systems' Solana Proof of Stake + Proof of History Primer
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Shinobi Systems' Solana Proof of Stake + Proof of History Primer
Cryptography science is used in multiple places to provide security for a blockchain network, and it rests on three basic concepts: hashing, keys, and digital signatures. A “hash” is a unique fingerprint that helps to verify that a certain piece of information has not been altered, without the need to actually see it. Keys are used in at least a co
... See moreWilliam Mougayar • The Business Blockchain: Promise, Practice, and Application of the Next Internet Technology
The coding marathon resulted in proof of history, which Yakovenko has described as a clock for the blockchain. It allowed Solana to be superfast, time-stamping transactions as they happen. Coupled with proof of stake, it creates a faster, more efficient network than Etherum’s energy-intensive proof of work.
The Information • Can Peace Last Between Crypto’s Visionary Rivals?
What is a Blockchain?
💡Definition:
A blockchain is a continuously expanding list of records, known as blocks, interconnected using cryptographic principles.
It can be envisioned as a data storage system that is:
- Trustless: No need for intermedia... See more
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