https://blog.iany.me/tags/crypto-currency/Recent content in Crypto Currency «~iany/»en-USme@iany.me (Ian Yang)me@iany.me (Ian Yang)CC-BY-SA 4.0Thu, 19 Jul 2018 01:24:39 +0000https://blog.iany.me/2018/07/decred-review/Thu, 19 Jul 2018 01:24:39 +0000me@iany.me (Ian Yang)https://blog.iany.me/2018/07/decred-review/<p><a href="https://docs.decred.org/research/overview/">Official References</a></p> <ul> <li>Based on Bitcoin</li> <li>PoS overlays upon PoW</li> <li>Add signature algorithms Ed25519 and Schnorr</li> <li>Use BLAKE-256 as hash algorithm</li> <li>Enable segwit to solve transaction malleability</li> <li>Transaction expiration mechanism</li> </ul> <h2 id="hybrid-consensus">Hybrid Consensus</h2> <p><a href="https://decredible.com/mining/hybrid-consensus/">Decredible | Decred hybrid consensus explained</a></p> <ul> <li>PoW miners propose new block.</li> <li>PoS miners vote whether accepting the block. The ticket should be purchased first. 5 tickets are selected randomly using the new PoW block header. Block is accepted if 3 tickets agree.</li> <li>Block reward is split between PoW and PoS miners.</li> <li>PoS tickets are selected using PoW block header. It guaranteed that is has a very high cost to manipulate picking tickets.</li> </ul>PostsBlockchain Projects ReviewBlockchainConsensusCrypto Currency