Tuesday, September 27

Tag: Tron Crypto Currency

Main Technical Differences between Tron and Bitcoin
Finance

Main Technical Differences between Tron and Bitcoin

Most cryptocurrencies are significantly different from each other, and no pair can demonstrate the possible magnitude of disparities better than Tron and Bitcoin. Let us expatiate on their main technical characteristics, exploring the differences between them. Proof of Work vs Delegated Proof of Stake What is Proof of Work? Proof of Work (PoW) was invented long before Bitcoin. The concept dates back to 1993 when it was devised as a method to prevent DoS (denial of service) attacks and spam. The idea behind it is to request a user to perform some kind of work, resulting in a certain amount of processing time. This system was adopted in 2004 to secure digital money by a computer scientist from California, Hal Finney.  In 2009, Bitcoin was introduced, becoming the most widely used appli...