In the older (or now) days we call it constitution, but that has a geographical boundary. In the era of blockchain we build communities based on consensus, that is borderless.
And this is how we do it, using algorithms.
#BlockchainZoo #blockchain #ConsensusAlgorithm
Proof of Participation – is a consensus algorithm that measures which nodes are participating in the peer-to-peer network and gradually removes from the federation those nodes that are not participating.
Forward from BlockchainZoo :
It’s the week of Consensus Algorithms! In this infographic, you can learn about the most popular of them, and why blockchain uses the consensus protocol. To dive deeper into the consensus algorithms, check out: http://ow.ly/kZDM50xy3vP