12 Blockchain Consensus Mechanisms Demystified
What the heck are Proof of Xs?
#1 — Proof of Activity (PoA)
Proof of Activity (PoA) combines the best features of Proof of Work (PoW), and Proof of Stake (PoS) consensus models.
- Mining Blocks: The mining of blocks is with PoW. Miners compete with each other to solve cryptographic puzzles and…