Cryptocurrency Q&A
Is Filecoin a PoS or PoW?
Is Filecoin a PoS or PoW?
Maria
Sun Nov 24 2024
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7 answers
1663
I'm trying to figure out whether Filecoin is using a Proof of Stake or a Proof of Work mechanism. I need to understand this to have a better grasp of its underlying technology and how it operates.
7 answers
Lorenzo
Tue Nov 26 2024
PoST is utilized to further authenticate the data's integrity over time.
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benjamin_stokes_astronomer
Tue Nov 26 2024
The first sub-type is known as Proof of Replication (PoRep).
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CryptoChieftain
Tue Nov 26 2024
PoRep serves the purpose of validating the reproduction of stored data.
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Riccardo
Tue Nov 26 2024
It ensures that the data has been accurately copied and is not corrupted.
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TaegeukChampionship
Tue Nov 26 2024
Filecoin employs two distinct sub-types of Proof of Work (PoW) systems.
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