Martina
Thu Dec 26 2024
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6 answers
1111
How does PoW work?
PoW, or Proof of Work, is a consensus algorithm in blockchain technology. It works through computation, verification, and consensus. Miners solve complex mathematical problems to earn work proof and add new blocks to the chain. The process is energy-intensive, ensuring network security and preventing abuse.
CryptoMaven
Thu Dec 26 2024
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5 answers
1099
What is mainnet in Ethereum?
Mainnet in Ethereum refers to the primary public Ethereum production blockchain where actual-value transactions occur on the distributed ledger. It is the fully decentralized network where deployed applications can exchange information, interact with each other, and where transactions are Immutable and incur real fees.
CryptoAce
Thu Dec 26 2024
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0 answers
0
How big is the monero blockchain file?
I'm curious about the size of the Monero blockchain file. I want to know how much storage space it occupies on a computer. Could someone please tell me the approximate size of the Monero blockchain file?
Elena
Thu Dec 26 2024
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5 answers
965
What is faster than blockchain?Hashgraph significantly outpaces blockchain in transaction speed. While blockchains like Bitcoin and Ethereum handle between 100 to 10,000 transactions per second, Hashgraph theoretically supports up to 500,000 transactions per second.
Hashgraph is much faster than blockchain in terms of transaction speed. For instance, Bitcoin and Ethereum can handle 100 to 10,000 transactions per second, whereas Hashgraph can theoretically support up to 500,000 transactions per second.
Carolina
Thu Dec 26 2024
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6 answers
1258
What blockchain is ENS on?
The user wants to know which blockchain the ENS (Ethereum Name Service) is based on.
