square-story
User since
It is a way to record and share digital data across multiple participants in a network.
"Blockchain is a well-known type of DLT that uses a digital chain of blocks to store and transmit data. Each block is cryptographically linked to the previous block, making it impossible to change the ledger"
It is a decentralized consensus algorithm that uses computational power to validate transactions on blockchains, and to prevent malicious actors from taking over the network.
" It's also known as mining, and is a common basis for distributed ledger technology (DLT), which makes blockchain possible"
a mechanism used to verify blockchain transactions
"PoS is intended to be faster, more efficient, and have lower fees than proof-of-work, which requires participants to spend computational power and electricity to generate a new block."
a process that compares two versions of something to identify the differences between them
"In React, the diffing algorithm is a key part of the reconciliation process that updates the DOM (Document Object Model) efficiently"