Read the block chain PoS consensus

As the PoS consensus mechanism and the Staking Economy begin to heat up, more and more people are paying attention to this consensus mechanism, which is different from the PoW. However, there has been a lack of a comprehensive introduction to what exactly PoS is, how the PoS mechanism works and how to participate in it.

Blockbeat Blockbeats in this article for you to list "readThe introduction of each chapter of block chain PoS consensus is a comprehensive explanation of PoS consensus, which is an important reference for the introduction of PoS. You can click the title to view the full text.

The book is based on PoS consensusEarly node participants and "carbaa" creator of "Wetez" wallet.

According to carmel, this is a comprehensive introduction to PoS, from the development history of PoS, operating mechanism, to the interpretation of various PoS projects (Tezos, Cosmos, Polkadot, Cardano, Dfinity, EOS, etc.)The book "chained PoS consensus" is intended to give you an idea of what PoS is, what Stake is, and how to participate in a PoS network. In particular, I will take a look at the PoS mechanism implementation of each project to understand the different design philosophy, which will be of great help to our investment projects.

Chapter 1 general introduction to PoS

1. What is block chain consensus; 2. What is the consensus of PoS- equity certificate mechanism; 3. Trend of PoS consensus

Chapter ii development history of PoS

1. The PoW + PoS. 2. Pure PoS; 3. Entrusted PoS (DPoS); 4. The BFT + PoS. 5. PoS new era

Chapter iii operating principles of PoS

There are 7 basic steps for the operation of PoS consensus: run node, register as verifier, Stake, elect verifier, package transaction, broadcast transaction, and verifier confirmation

Chapter 4 performance and capacity expansion in PoS & chapter 5 incentive and penalty in PoS

Chapter 4 performance and capacity expansion in PoS: the performance brought by PoS consensus is limited, so schemes based on PoS capacity expansion gradually emerge. This chapter focuses on two schemes: side chain and zk-snarks

Chapter v incentive and punishment in PoS: in PoS consensus, incentive is divided into two important stages: 1. 2. Decentralization. Punishment in PoS consensus: an introduction to Slash and how it works

Chapter 6 the miners at PoS

Introduce the work content of PoS miners, how to become a miner and the future development.

Chapter 7 holders of money in PoS

Describes how the PoS holder participates in the project to enjoy the benefits and all rights. Power of PoS holder: Stake, Vote; PoS holder entrustment right.

Chapter 8 governance on the chain

This paper introduces the possible problems of governance on the chain and how to solve these problems in the block chain.

Chapter 9 PoS must be better than PoW?

Explain and analyze the existing problems of PoS mechanism from outside and inside.

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia