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Spacemesh: A New Consensus Protocol Anton Learner

June 18, 2021
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Software Engineering Daily

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Proof of Work cryptocurrency mining, as used on the Ethereum and Bitcoin blockchains, requires huge amounts of energy to validate transactions and generate new tokens. The alternative, Proof of Stake, needs large deposits of assets to be staked up front in order to work. While both consensus protocols have their own drawbacks, they are the