What is Proof of Capacity (PoC) in cryptocurrencies?
Proof of Capacity is a consensus algorithm in which miners use free space on storage drives instead of energy-intensive computations, which makes mining coins cheaper and more environmentally friendly.
What is Proof of Importance (PoI) in cryptocurrencies?
Proof of Importance is a consensus algorithm that takes into account not only the size of the balance but also a participant's activity in the network when distributing the right to create blocks.
What is Proof of Service in cryptocurrencies?
Proof of Service is a mechanism in which nodes perform useful functions for the network and receive a reward for this, provided they hold a fixed collateral of coins.
What is Delegated Proof of Stake (DPoS) in cryptocurrencies?
Delegated Proof of Stake is a consensus algorithm in which coin holders vote to choose a limited number of trusted nodes that create blocks on behalf of the entire network.
What is coin age in cryptocurrencies?
Coin age is a metric calculated as the amount of cryptocurrency multiplied by the time it has been held. The concept is used in proof-of-stake mechanisms.









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