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Proof of capacity (PoC) is a consensus mechanism algorithm used in blockchains that allows for mining devices in the network to use their available hard drive space to decide mining rights and validate transactions. This is in contrast to using the mining device’s computational power (as in the proof of work … See more Proof of capacity emerged as one of the many alternative solutions to the problem of high energy consumption in proof of work (PoW) systems and cryptocurrency hoarding in proof of stake (PoS) systems. Proof of capacity … See more The proof-of-capacity protocol involves a two-step process that involves plotting and mining. First, the hard drive is plotted: the list of all possible noncevalues are created through … See more PoC has several advantages over PoW and PoS systems, as well as some important disadvantages that include: See more WebProof of Space is a cryptographic technique where provers show that they allocate unused hard drive space for storage space. In order to be used as a consensus method, Proof of … chinos and a white shirt
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