Part 1- Overview of the Internet and Networking In the previous article, we learned about the hybrid consensus mechanism of AuxPoW + DPoS employed by Elastos and showed how it secures the Elastos Blockchain. We will now move on to…
Category: elastos in a nutshell
Elastos In A Nutshell – A Layman’s Perspective: Merged Mining Part 2/2
Introductory Video Part one of this article can be found here. What Is Merged-Mining? The Elastos blockchain will be secured by a process called ‘merged-mining.’ In general, merged-mining is a method of leveraging the work done on one blockchain to…
Elastos In A Nutshell – A Layman’s Perspective: Merged Mining Part 1/2
Introductory Video Overview Elastos employs a dual consensus mechanism to secure and update its blockchain. The main component of its consensus mechanism is called merged-mining (AuxPoW), though it uses a secondary component called Delegated Proof of Stake (DPoS) as well.…