Translations:VeriBlock and Proof-of-Proof FAQ/23/en
Category | How it solves 51% attack | Problem | Why VeriBlock is different |
---|---|---|---|
Build on top of another platform (like Ethereum) | This assumes the platform has enough mining hash such that it is not susceptible to 51% attacks | Building on a platform enforces constraints (block size, block time, transaction fees from other use cases of the network). Also, some functionality is not possible/practical to run on Ethereum/Bitcoin, and a specialized blockchain architecture is required to support the desired functionality. | PoP can integrate with any altchain and consensus protocol |
Centralized Authority certifies transactions/blocks as valid | The CA chain does not have decentralized mining, and is therefore not susceptible to 51% attacks | Most applications are built on blockchain to be decentralized, and having a centralized authority defeats the purpose | PoP is fully decentralized |
Master nodes stamp to Bitcoin | The master nodes stamp fingerprints to Bitcoin, which is not susceptible to 51% attacks | This centralizes control in a handful of master nodes (who can be manipulated/targeted/corrupted, or who may collude to perform an attack) | PoP mining is completely decentralized, anyone can join and participate in the PoP mining process |