Does Zenon Network use Proof of Work (PoW) or Proof of Stake (PoS)?

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Does Zenon Network use Proof of Work (PoW) or Proof of Stake (PoS)?

1 Answers

Zenon Network, as detailed in the white paper, utilizes a consensus mechanism that is a combination of Proof of Work (PoW) and Proof of Stake (PoS). This hybrid approach integrates the two systems to leverage their respective strengths and mitigate their weaknesses.

The network's unique dual-ledger architecture, consisting of a block-lattice for transactions and a Directed Acyclic Graph (DAG) for consensus, supports this hybrid consensus model. This design aims to achieve high transaction throughput and enhanced security, leveraging the advantages of both PoW and PoS in the process.