1/ 🧵 Every day new members are joining hive and crypto without knowing some of the basic things about the technology and the security around. #outreach #threadstorm
1/ 🧵 Every day new members are joining hive and crypto without knowing some of the basic things about the technology and the security around. #outreach #threadstorm
2/ 🧵 Cryptocurrency networks, such as Bitcoin and in the pas Ethereum, use a process called mining to secure and validate transactions. Mining involves solving complex mathematical puzzles using computational power.
3/ 🧵 51% Attack , Mining Pool Centralization , Miner Collusion
4/ 🧵Proof of Stake (PoS) is a consensus mechanism used in blockchain networks to achieve agreement on the state of the blockchain and validate transactions.
5 / 🧵 Read everything you need to know here
https://leofinance.io/@steemychicken1/hashrate-proof-of-work-proof-of-stake-and-securities-attack #hive #gosh @leofinance