So I'm doing a lot of research and would like to know how you would attempt to explain each protocol in 3 sentences or less.
Think of it as a pitch, or a fun explanation or would you have a comparison in your explanation linking it to something in everyday life.
Would love to know what you think of first when you read or see:
POW - Proof of Work
POS - Proof of Steak
DBFT - Delegated Byzantine Fault Tolerance
DPOS - Delegated Proof of Steak
POH - Proof of Honesty
1. DecentralizedThink of it as a pitch, or a fun explanation or would you have a comparison in your explanation linking it to something in everyday life.
Would love to know what you think of first when you read or see:
POW - Proof of Work
POS - Proof of Steak
DBFT - Delegated Byzantine Fault Tolerance
DPOS - Delegated Proof of Steak
POH - Proof of Honesty
2. Staking and Conservative
3. Scalability
4. Democracy
5. rarely heard this consensus
I think that's already contain the advantage that already bought by any consensus in less than 3 sentences expect the last one because i never heard about that.