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Proof of Work vs. Proof of Participation

Started by Neve, April 23, 2020, 01:46:20 PM

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Neve

Proof of Work vs. Proof of Participation



ZooBC's Proof of Participation consensus was designed to overcome problems in other consensus algorithms like Proof of Work. In this video, our Co-founder and CTO, Barton Johnston, explains to you the following:

- What are the key limitations of Proof of Work and how does Proof of Participation address them?
- What measures have been taken when designing Proof of Participation to ensure complete decentralization?
- What makes Proof of Participation more suitable for non-financial use cases than Proof of Work?

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