Bitcoin Forum

Other => Beginners & Help => Topic started by: ARMANDO888 on June 13, 2014, 08:54:16 AM



Title: Cryptocurrency fundamentals
Post by: ARMANDO888 on June 13, 2014, 08:54:16 AM
hi there this is my situation

I know that PoW is a function in lunguage programming but i don’t what it means in cryptocurrency Can you link a source where i can read what is PoW in the cryptocurrency, PoS, PoW + PoS Hybrid,PoW , PoW block PoS interest. So I would know where I can study what are the terms that are in the coin specs such as boostcoins, the characteristics of a Cryptovalue . I know only the C language. Thanks


Title: Re: Cryptocurrency fundamentals
Post by: Simon8x on June 13, 2014, 02:41:03 PM
"PoW" stands for "Proof of Work" while "PoS" stands for "Proof of Stake".

You can take a look at the following two wiki pages.
https://en.bitcoin.it/wiki/Proof_of_work
https://en.bitcoin.it/wiki/Proof_of_Stake


Title: Re: Cryptocurrency fundamentals
Post by: Gianluca95 on June 13, 2014, 05:36:50 PM
Learn something about Proof of Burn (PoB) is much important !

https://en.bitcoin.it/wiki/Proof_of_burn


Title: Re: Cryptocurrency fundamentals
Post by: ARMANDO888 on June 13, 2014, 09:38:47 PM
Thanks