ZooBC Explained: How Proof of Participation Consensus Algorithm in ZooBC Works
Proof of Participation is a consensus algorithm, which proves a nodes right to create blocks, and receive rewards based on their participation. In this video, our co-founder and CTO, Barton Johnston, explains to you:
- How the nodes get chosen?
- How to measure a node's participation in the network?
- How does the receipt system calculate a node's chances of creating the next block?
For more information, please visit http://bit.ly/ZOOBCalpha