Proof of Burn (PoB)
Riccardo Dondi
Proof of Burn (PoB) is a consensus algorithm where participants burn coins to validate transactions, offering energy efficiency and enhanced security.
Blockchain Security
Hash Rate
Hash rate measures the computational power used in mining and processing blockchain transactions, crucial for network security, mining rewards, and overall network health.
Dust Transactions
Dust transactions involve transferring minuscule amounts of cryptocurrency, often left behind in wallets, posing security risks and causing network congestion.
Cryptographic Hash Function
Cryptographic hash functions ensure transaction security and integrity in cryptocurrency, underpinning blockchain technologies with unique, deterministic, and collision-resistant hashes.
BFT (Byzantine Fault Tolerance)
Byzantine Fault Tolerance (BFT) ensures blockchain networks remain secure and reliable, even with malicious nodes, crucial for cryptocurrency integrity and trust.