Consensus Algorithms. PoW, PoS, DPoS Explained

I go over the mystery behind consensus algorithms that govern current blockchain technologies. What are the differences? Why do we need them?

Proof of Work

Proof of Stake

Proof of Activity

Proof of Burn

Proof of Capacity

Delegated Proof of Stake

Links:

https://www.coindesk.com/short-guide-blockchain-consensus-protocols/

https://hackernoon.com/explain-delegated-proof-of-stake-like-im-5-888b2a74897d

Happy Investing C# HODLCREW

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