Mining & Consensus Algorithms 101 - Proof of Work, Proof of Stake, Proof of Burn, MasterNodes

VIDEO

DESCRIPTION

This is a brief guide to some of the different forms of consensus algorithms used with crypto currencies. Which one is best? Watch the video and decide for yourself.

📘Table of Contents:
◆ 00:08 Intro
◆ 00:53 Proof of Work Mining
◆ 06:06 Proof of Stake
◆ 09:16 Proof of Burn
◆ 11:30 MasterNodes
◆ 13:31 Final Thoughts
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⭐Links:
💻Proof of Work: https://en.bitcoin.it/wiki/Proof_of_work
💻Proof of Burn: https://en.bitcoin.it/wiki/Proof_of_burn
💻PIVX Proof of Stake: https://pivx.org/knowledge-base/myth-proof-of-stake-is-not-as-secure-as-proof-of-work/
💻MasterNodes: https://blockonomi.com/masternode-guide/