Bitcoin Forum
May 13, 2024, 09:44:38 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > What is EOS BP?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: What is EOS BP?  (Read 87 times)
wolizidan (OP)
Copper Member
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile
May 30, 2019, 09:10:20 AM
 #1
BP stands for Block Producer.

Block Producers are decentralized entities that govern the EOS network. They are responsible for reaching consensus and adding blocks of transactions or data to the EOS blockchain.

Essentially, they perform the same function as miners on a proof-of-work (PoW) blockchain or staking nodes on a proof-of-stake (PoS) blockchain.
Pages: [1]
  Print  
Bitcoin Forum > Alternate cryptocurrencies > Altcoin Discussion > What is EOS BP?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!