What is Proof of Work (PoW)?
Proof of Work is a consensus algorithm in which the right to add a block and receive a reward depends on the amount of computational work done to find a hash.
What is Proof of Activity (PoA)?
Proof of Activity is a hybrid consensus algorithm that combines the Proof of Work and Proof of Stake mechanisms to increase the security and resilience of the network.
What is Proof-of-Burn (PoB) in cryptocurrencies?
Proof-of-Burn is a consensus algorithm in which a participant irreversibly destroys a portion of coins in order to earn the right to create blocks and claim a reward in the network.
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.









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