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The family of consensus proofs
There is no single “right” way to get thousands of computers to agree. Each proof system optimizes for different tradeoffs:
- — miners burn computation; attacking requires controlling majority hash power. Used by Bitcoin.
- — validators lock collateral; attacking requires controlling majority stake and risks . Used by Ethereum.
- — a fixed set of approved validators (known identities) produce blocks; used on some sidechains and testnets. Faster and cheaper, but more centralized.
- — a Solana-specific cryptographic clock that encodes time-ordering of events, used alongside PoS to speed consensus.
- — token holders elect a small set of delegates to produce blocks (e.g. Tron, EOS). Higher throughput, more concentration.
Choosing the next block: work or stake