06-29-2020, 02:13 PM
Is Algorand the first proof of stake platform? I’m confused
<!-- SC_OFF --><div class="md"><p>I'm learning about proof of stake and I'm kinda confused. Most sources I've come across say that the first proof of stake was peercoin but it was a mix with proof of work or something, and then there were NXT, blackcoin, and several others.</p> <p>But then I also see a project called Algorand claiming they’re the first “pure proof of stake” platform. What is the difference? Does that mean Algorand is the first proof of stake? This is so confusing..</p> <p>And if it’s not correct, why are they claiming it?</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>I'm learning about proof of stake and I'm kinda confused. Most sources I've come across say that the first proof of stake was peercoin but it was a mix with proof of work or something, and then there were NXT, blackcoin, and several others.</p> <p>But then I also see a project called Algorand claiming they’re the first “pure proof of stake” platform. What is the difference? Does that mean Algorand is the first proof of stake? This is so confusing..</p> <p>And if it’s not correct, why are they claiming it?</p> </div><!-- SC_ON --> Kind Regards R