consensus | ForkLog

ForkLog 39 30.05.2025

Beyond the blockchain: “useful” mining and the Proof‑of‑Useful‑Work concept

As entire countries set an example of efficient mining, ForkLog’s editors wondered whether it is possible to go beyond the paradigm — to channel vast computing power for good, rather than confining the technology to hash calculation. Having studied information compiled by Web3 enthusiast Danil Ivanov on the “useful” consensus mechanism Proof-of-Useful-Work (PoUW), we concluded […]

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ForkLog 20 03.03.2025

Why consensus matters more than democracy

What is consensus not only technically but socially, and why does it extend far beyond democracy and assorted voting schemes? Web3 researcher Vladimir Menaskop shares his view with ForkLog readers. From the author In 2017 ForkLog ran an article about consensus, which, among other things, said: “Many anthropologists believe that consensus was a universal system […]

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ForkLog 6 12.08.2024

Canto Blockchain Experiences Two-Day Outage

The EVM-compatible blockchain Canto, with a focus on DeFi, ceased operations on Saturday, August 10, due to a “consensus issue,” according to the project’s developers. Canto chain is currently experiencing an issue with consensus that has caused the chain to halt. An upgrade to address this issue will be carried out on Monday, August 12 […]

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ForkLog 10 22.05.2023

Vitalik Buterin warns against overloading Ethereum’s consensus

Vitalik Buterin warned of the danger of 'stretching' Ethereum’s consensus beyond the core functions of validators responsible for verifying blocks and securing the network.

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ForkLog 28 03.10.2022

Proof-of-Stake: how it works and why it is so popular

How Proof-of-Stake works, its advantages and its variants—explained.

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Krzysztof Shpak 1059 21.04.2020

What Holds Real Decentralization Back

Vladimir Popov, the founder of Synergis who had co-authored a book about Web 3.0, highlighted the principal problems of DPoS and LPoS algorithms, explained flaws in their architecture, and hypothesized about decentralized networks of the future. This is an adaptation of the original Russian-language article Vladimir wrote exclusively for ForkLog.

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Krzysztof Shpak 492 26.01.2020

Opinion: PoW Will Always Be Criticized for Inefficiency

The war of consensus algorithms is still raging on. While some believe that only Proof-of-Work can underpin a real cryptocurrency, others think that its time passed long ago, and now it’s time for other algorithms like Proof-of-Stake.

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Krzysztof Shpak 334 08.01.2020

What Is Delegated Proof Of Stake and What Does Staking Have to Do With It?

1 What is the difference between PoS and DPoS? Delegated Proof of Stake (or DPoS) is a consensus algorithm created by developer Dan Larimer in 2014. Here is a list of famous projects using DPoS: Bitshares Steemit Lisk Ark Eos If PoS resembles direct democracy then DPoS emulates representative democracy. Classic PoS allows coin holders […]

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ForkLog 137 09.04.2017

Defiled Consensus: Waiting for a Digital Messiah

Some anthropologists believe consensus is a universal decision-making system inherent in primitive societies where people struggled for survival and inclined towards equal partnership.

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ForkLog 72 20.03.2016

Block Size Debate and Anarchy

If Bitcoin is a monetary incarnation of cryptoanarchism principles, the question of what a Solomon’s decision on block size would be like is not a private issue meaningful just for coders, bitcoin businesses owners and enthusiasts. It is an isolated situation of a more general question: what is the golden rule for making socially important […]

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ForkLog 79 03.03.2016

Bitcoin Roundtables: Overview and Q&A with BitFury’s CEO on Major Controversies

Last month has been quite fruitful with events being held with a single aim to reach an industry-wide consensus on Bitcoin network scaling. Bitfury Group, the world’s leading Bitcoin Blockchain infrastructure provider and transaction processing company, initiated the first Bitcoin Consensus Roundtable back in January, with two other meetings to follow later. The second Roundtable, […]

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ForkLog 115 23.02.2016

Opinion: There is No Block Size Problem

This is the guest post by Eugene Radchenko from AIRA DAO on blocksize debate and related issues. The views expressed are his own and do not necessarily represent the views of Forklog. In recent months, the issue of Bitcoin’s block size increase has become a burning point separating the community. Some stand for it, others […]

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