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Author Topic: Cryptocurrency fundamentals  (Read 612 times)
ARMANDO888 (OP)
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June 13, 2014, 08:54:16 AM
 #1

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
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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June 13, 2014, 02:41:03 PM
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"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

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June 13, 2014, 05:36:50 PM
 #3

Learn something about Proof of Burn (PoB) is much important !

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

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ARMANDO888 (OP)
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June 13, 2014, 09:38:47 PM
 #4

Thanks
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