Tuesday, August 31, 2021

What is Proof of Stake?

The Proof of Stake (PoS) concept states that a person can mine or validate block transactions according to how many coins they hold. This means that the more coins owned by a miner, the more mining power they have.
 
Proof of Stake (POS) was created as an alternative to Proof of Work (POW), which is the original consensus algorithm in Blockchain technology, used to confirm transactions and add new blocks to the chain. Proof of Work (POW) requires huge amounts of energy, with miners needing to sell their coins to ultimately foot the bill; Proof of Stake (PoS) gives mining power based on the percentage of coins held by a miner.
 
Proof of Stake (POS) is seen as less risky in terms of the potential for miners to attack the network, as it structures compensation in a way that makes an attack less advantageous for the miner. Bitcoin, the largest cryptocurrency, runs on proof of work rather than proof of stake.

Saturday, August 28, 2021

Nodes

73.97.100.58:53199

71.84.23.132:37975

66.187.25.153:4609

64.44.42.59:49926

Thursday, August 26, 2021

Wednesday, August 25, 2021

Tuesday, August 24, 2021

Nodes

69.118.154.222:7143
98.240.251.37:7143

68.6.231.75:54106
173.237.207.39:57603
71.84.23.132:38604

Wednesday, August 18, 2021

Nodes

71.84.23.132:38854
68.6.231.75:45402
172.86.131.7:62257
172.86.131.7:58117

Friday, August 13, 2021

Nodes

73.97.100.58:61812
71.84.23.132:38339
98.240.251.37:7143

68.6.231.75:16443
172.86.131.7:7143

Wednesday, August 11, 2021

Nodes

101.115.15.196:55227
173.237.207.65:50825
73.97.100.58:56337

98.240.251.37:61920
154.21.216.63:51855
101.114.136.36:49897

173.237.207.65:63410
98.240.251.37:63589
172.86.131.7:7143

Cannacoin Whitepaper