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Blockchain-like decentralized distributed DAG-registry for processing

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processing

Blockchain-like decentralized distributed DAG-registry for processing. Consensus algorithms: PoA (Proof-of-Authority) , PoW (Proof-of-work).

Proof-of-authority (PoA) is an algorithm used with blockchains that delivers comparatively fast transactions through a consensus mechanism based on identity as a stake.

A proof-of-work (PoW) system is an economic measure to deter denial of service attacks and other service abuses such as spam on a network by requiring some work from the service requester, usually meaning processing time by a computer.

Priorities:

  • decentralization, distribution
  • resistance to the influence of Byzantines
  • speed (at least 1000 operations per second)
  • pure architecture (Uncle Bob)

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