Blockchain Technology is evolving day bay day. So far we have already experienced some Blockchain consensus models from the beginning of the Blockchain till today.
We all have experienced how POW (Proof of Work) and POS (Proof of Stake) are working. Particularly since they both favor the wealthy, either through the amount of hardware required (POW), or the funds accumulated (POS). POW is also criticized for its energy consumption, and POS directly encourages locking up vast amounts of cryptocurrencies instead of using them.
It is now a time to experience a very newer Blockchain technology innovation of TAU Coin which is Proof of Transaction (POT). Unlike POW and POS, TAU's new technology, POT, purposes a fair, fast and secure currency without inflation. And POT has completely made an advancement by incentivizing circulation, that is keeping coins in circulation, instead of favoring wealthy participants.
Topic: Proof Of Transaction (Read 91 times)
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