Topic: TAUCOIN: New Consensus Protocol Proof of Transaction (Read 114 times)
Hello everyone have you heard of Taucoin project? It's a new concept that has been introduced and been known on a short period of time. The concept of this project improved the system of blockchain by introducing its new consensus protocol "Proof of Transaction" What is this actually and its different to previous protocols that has been utilized as of today. As you all know this protocol gemerates algorithm that determine the the harvest club of the following block. What does this mean? The POT evaluate the total weight of transaction accumulated up to a year on the club which benefited the harvest leaders. The more transaction made on the circulation the more it will benegit the users unlike PoW and PoS that only seem to work on their own preference of hoarding tokens. It will be the next generation protocol that solves the flaws of the other consensus. Now they are started.to grow and more users has been.acquianted to it since it has been first release.
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