Question: If you were designing a new public blockchain, why might you choose proof of-stake rather than proof-of-work?

If you were designing a new public blockchain, why might you choose proof of-stake rather than proof-of-work?

Step by Step Solution

★★★★★

3.41 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

There are a few reasons why you might choose proofofstake ov... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Database System Concepts Questions!

Q:

If you were designing a Web-based system to make airline reservations and to sell airline tickets, which DBMS Architecture would you choose from Section 2.5? Why? Why would the other architectures...

Q:

If you were designing a form with a question that asked users if they owned a bicycle, would you expect more accurate input using a text input box or a check box? Why?

Q:

If you were designing a job for a new marketing and sales representative for a small entrepreneurial company that is experiencing rapid growth, what approach would you take? Explain why you would...

Q:

Elias.AbouMaroun@student.uts.edu.au, Didar.Zowghi@uts.edu.au 2 Derby Business School, University of Derby, Derby, UK J.Daniel@derby.ac.uk 3 Department of Information Systems, Ansari College of...

Q:

Please answer all below What other element is commonly associated with the Ethereum blockchain in Proposal B that is not part of the Bitcoin blockchain in Proposal A? a. hype b. smart contracts c....

Q:

QUESTONS IV. Foundations of Modern U.S. Patent Law a. Discuss the intangible nature of an idea and how a patent provides remedy for extracting value from information or an idea? b. Discuss the four...

Q:

QUESTONS I. The Patent Right a. To a patent right holder, what benefits may be reaped by have a patent granted by the USPTO? b. In view of these benefits, what challenges may arise when deriving...

Q:

ttth Suppose that the sequence of bags {Bn | n N} is recursively enumerated by the computable function e(n, x) = fn(x), [7 marks] Hence prove that the set of all recursive bags cannot be recursively...

Q:

John Brown, the fictional US hedge fund manager of the "Bitcoin: Investment or Illusion?" case (attached) read the Financial Times article: "Nouriel Roubini: bitcoin is not a hedge against tail risk...

Q:

John Brown, the fictional US hedge fund manager of the "Bitcoin: Investment or Illusion?" case read the Financial Times article: "Nouriel Roubini: bitcoin is not a hedge against tail risk [1] - Elon...

Q:

Hershey's is a familiar name in snacks. There's a good chance you have recently enjoyed one of its products. The company manufactures confectionery products in a variety of packaged forms and markets...

Q:

In an L-R-C series circuit, L = 0.280 H and C = 4.00F. The voltage amplitude of the source is 120 V. (a) What is the resonance angular frequency of the circuit? (b) When the source operates at the...

Q:

The Fair Labor Association and the Worker Rights Consortium differed on how to establish and enforce fair labor standards. Which approach, if either, do you favor, and why? Consider how you would...

Q:

When universities in the USA want to hire qualified faculty, they typically advertise for the position on a Web site for professional organizations that include job openings on the Web site so that...

Q:

Show by example that there are schedules possible under the tree protocol that is not possible under the two-phase locking protocol, and vice versa.

Q:

Consider the following extension to the tree-locking protocol, which allows both shared and exclusive locks: A transaction can be either a read-only transaction, in which case it can request only...

Q:

Consider the following graph-based locking protocol, which allows only exclusive lock modes, and which operates on data graphs that are in the form of a rooted directed acyclic graph. A transaction...

Q:

The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company's products is increasing, and management requests assistance from you in determining an economical sales...

Q:

Today is 1/1/2020, John plans to deposit $500 at the beginning of each month into an investment fund. The first deposit will be deposited today. John predicts that the return rate of this fund will...

Q:

Stocks A and B have the following probability distributions of expected future returns: Probability A B 0.1 (6 %) (30 %) 0.1 3 0 0.5 10 23 0.2 18 30 0.1 29 43 Calculate the expected rate of return, ,...