Cryptocurrency: Deep Dip in the Post Test and Consensus Test Test **

The cryptocurrency world has used thousands of new tokens and projects that occur to meet the increasing demand for safe and decentralized financial systems in recent years. The center of this revolution is the mechanism of consensus that determines how transactions with the main book are tested and added. Two major consensus mechanisms with significant attention are the participation test (POS) and work test (POW). In this article, we will deepen the basic concepts of each mechanism, its advantages and disadvantages and explore the impact on the adoption of cryptocurrencies.

Stake test (POS)

Proof of membership is the algorithm of the consensus developed by Gavin Wood in 2014. It is designed for efficient energy and scalable, which makes it an attractive option for large -scale implementation, such as the Ethereum network.

How POS:

• Validation : Validator Node checks transactions in the block circuit.

• Estaca Acquisition : A certain amount of cryptocurrencies (assembled) is assigned to the validates depending on their commitment to participate in the validation process.

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Random selection : Validator with the most composite coins is randomly selected to participate in the next generation in blocks.

• Test : The selected validator checks the transactions and adds them to the block circuit.

Benefits:

1
Energy Efficiency : POS requires less energy compared to POW, so it is a more friendly environment for the large -scale implementation.

• Scalability : POS can process higher transactions than POW reduced computing power requirements.

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Increased Security : A random selection process makes the attacker manipulation in the block chain.

Disadvantages:

1
Centralized management

: Validators are often controlled by a small large -scale investor group that can cause centralization and reduce decentralization.

• The slower business times : Post Consensus mechanisms are usually slower than POW, because validators have to wait for their bent coins to be tested.

Work Test (POW)

Testing of the work is another dominant algorithm developed by Nakamoto in 2008. It is widely used in Bitcoin and other cryptocurrencies such as Ethereum.

How’s Pow:

1
Mining : Validator Node solves sophisticated mathematical puzzles that confirm transactions and create new blocks.

• Reward block : The winner of the puzzle is rewarded with freshly won cryptocurrencies (blocking compensation).

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Verification : Validators check the transactions and connect them to the block chain.

Benefits:

1
Energy Efficiency : POW requires a significant computing power that makes it more efficient than large -scale introduction.

• Scalability : POW can process larger transaction volumes because it is the fastest due to the creation of the block.

3
Increased Security : A random selection process makes the attacker manipulation in the block chain.

Disadvantages:

1
High power consumption : Pow requires a significant amount of computing energy, which makes it a less friendly option with the environment.

• Centralized management : The miners domain can cause centralization and reduced decentralization in the network.

3
Transaction Levels : The transaction processing times are longer slower due to the creation of the block.

Comparison and consequences

In summary, the post and pop consensus mechanisms have their strengths and weaknesses. Although POS is more effective in energy and scalable, a small group of investors can be centralized. On the other hand, POW requires considerable computing power, but it is faster and more efficient in energy.