This article was first published on: Latest Crypto News --
The cryptocurrency, Credits (CS) has been faring well enough since its inception into the market on 3rd March 2018. Even when the cryptocurrency market had shown a massive drop in the first quarter of 2018, Credits (CS) had started with a ‘steady’ growth trend.
“Consensus” means the consent of all parties involved in discussing a possible solution to this issue.
The consensus mechanism used by the CREDITS platform is based on a combination of two mechanisms?:
- Delegated Proof-of-Stake (DPoS) algorithm: provides differentiation of voters and validators.
- Byzantine Fault Tolerance (BFT) algorithm: implies voting protected against malicious activities
The key phases encompassing the consensus reaching process in the CREDITS network selection consist of head node and trusted nodes, the voting of selected nodes on transactions, ledger recording protected against any...
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