📋 Today's key takeaway: Byzantine Fault Tolerance
Bitcoin's proof of work uses competition for computing power to decide who creates blocks, keeping the ledger consistent when honest nodes control the majority of the computing power.
When holding large amounts of assets on a chain with very few validators, bear in mind that a handful of nodes colluding could influence the ledger.
Don't trade with borrowed money; the pressure can lead you to make bad decisions.
$ATOM is the native coin of Cosmos Hub, a chain that uses a Byzantine fault-tolerant consensus mechanism. Currently: 1.347.
This information was compiled from public sources. Please verify it for yourself.
Bitcoin's proof of work uses competition for computing power to decide who creates blocks, keeping the ledger consistent when honest nodes control the majority of the computing power.
When holding large amounts of assets on a chain with very few validators, bear in mind that a handful of nodes colluding could influence the ledger.
Don't trade with borrowed money; the pressure can lead you to make bad decisions.
$ATOM is the native coin of Cosmos Hub, a chain that uses a Byzantine fault-tolerant consensus mechanism. Currently: 1.347.
This information was compiled from public sources. Please verify it for yourself.