ShintoSanctum
Mon Jan 13 2025
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5 answers
1369
How does proof-of-stake work?
Proof-of-Stake is a consensus algorithm in blockchain networks, where validators stake their coins to participate in block creation and validation. Instead of using computational power like in Proof-of-Work, PoS relies on the validators' economic stake. Validators are chosen based on their stake, and if they validate fraudulent transactions, they risk losing their staked coins. This makes the system more secure and energy-efficient.
Sun Jan 12 2025
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5 answers
1143
How does the ABI work?
I am curious about the working mechanism of ABI. I want to understand how it operates and facilitates communication between different components or systems. Could someone explain how ABI functions?
Sat Jan 11 2025
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6 answers
842
How does proof of history work?
I'm curious about how proof of history operates. Could someone explain the mechanism behind it and how it functions to provide an Immutable record of events?
Sat Jan 11 2025
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6 answers
1157
How does incentive theory work?
I want to understand how incentive theory operates. What are the mechanisms and principles behind it that motivate individuals to act in a certain way? How does it influence behavior and decision-making?
Fri Jan 10 2025
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5 answers
1150
How does Tether make money?
I'm curious about Tether's business model. How does it generate revenue or make money, considering its role in the cryptocurrency market and its relationship with fiat currencies?
