Proof of trust (PoT) used by GAMB payment is a consensus protocol that aims to alleviate scaling problems in distributed systems

16 Dec 2022, 17:55
Proof of trust (PoT) used by GAMB payment is a consensus protocol that aims to alleviate scaling problems in distributed systems. But, what is proof of trust, and how does it work ? 1/7

Same news in other sources

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GAMB
GAMBGMB #1200
Twitter
16 Dec 2022, 17:58
In conclusion this incentivizes participants to act honestly and discourages fraud, enabling multiple parties to transact in a trustless, decentralized manner and significantly reduces energy expenditure. 7/7
In conclusion this incentivizes participants to act honestly and discourages fraud, enabling multiple parties to transact in a t
In conclusion this incentivizes participants to act honestly and discourages fraud, enabling multiple parties to transact in a trustless, decentralized manner and significantly reduces energy expenditure. 7/7
GAMB
GAMBGMB #1200
Twitter
16 Dec 2022, 17:57
Proof of trust is a more efficient alternative to traditional proof-of-work consensus mechanisms. It works by allocating a trust score to each node in the network and selecting validators according to their trust score. 6/7
Proof of trust is a more efficient alternative to traditional proof-of-work consensus mechanisms.
Proof of trust is a more efficient alternative to traditional proof-of-work consensus mechanisms. It works by allocating a trust score to each node in the network and selecting validators according to their trust score. 6/7
GAMB
GAMBGMB #1200
Twitter
16 Dec 2022, 17:57
As an alternative to traditional consensus mechanisms, such as proof-of-work (PoW) and proof-of-stake (PoS), PoT makes it easy to create dynamic peer-to-peer payment channels that can be scaled to meet needs. 5/7
As an alternative to traditional consensus mechanisms, such as proof-of-work (PoW) and proof-of-stake (PoS), PoT makes it easy t
As an alternative to traditional consensus mechanisms, such as proof-of-work (PoW) and proof-of-stake (PoS), PoT makes it easy to create dynamic peer-to-peer payment channels that can be scaled to meet needs. 5/7
GAMB
GAMBGMB #1200
Twitter
16 Dec 2022, 17:57
By successfully validating transactions, participants in the network can earn a trust score that allows them to validate higher value transactions and, therefore, earn better rewards. 4/7
By successfully validating transactions, participants in the network can earn a trust score that allows them to validate higher
By successfully validating transactions, participants in the network can earn a trust score that allows them to validate higher value transactions and, therefore, earn better rewards. 4/7
GAMB
GAMBGMB #1200
Twitter
16 Dec 2022, 17:56
The PoT (Proof of Trust) consensus protocol is a method for selecting validators in a decentralized network. Instead of selecting validators based on their hardware investment or stake, Consensus PoT selects them based on their contribution to the network. 3/7
The PoT (Proof of Trust) consensus protocol is a method for selecting validators in a decentralized network.
The PoT (Proof of Trust) consensus protocol is a method for selecting validators in a decentralized network. Instead of selecting validators based on their hardware investment or stake, Consensus PoT selects them based on their contribution to the network. 3/7
GAMB
GAMBGMB #1200
Twitter
16 Dec 2022, 17:56
The $GMBT is build on the #skyfiber blockchain an early fork of the foundation of blockchain 3.0 called Fiber. This chain validates notes based on the #obelisk consensus algorithm operating on Proof-of-Trust (PoT) 2/7
The $GMBT is build on the #skyfiber blockchain an early fork of the foundation of blockchain 3. 0 called Fiber.
The $GMBT is build on the #skyfiber blockchain an early fork of the foundation of blockchain 3.0 called Fiber. This chain validates notes based on the #obelisk consensus algorithm operating on Proof-of-Trust (PoT) 2/7
GAMB
GAMBGMB #1200
Twitter
16 Dec 2022, 17:55
Proof of trust (PoT) used by GAMB payment is a consensus protocol that aims to alleviate scaling problems in distributed systems. But, what is proof of trust, and how does it work ? 1/7
Proof of trust (PoT) used by GAMB payment is a consensus protocol that aims to alleviate scaling problems in distributed systems
Proof of trust (PoT) used by GAMB payment is a consensus protocol that aims to alleviate scaling problems in distributed systems. But, what is proof of trust, and how does it work ? 1/7 https://t.co/DSX2fsTu8Z