No reason to be afraid of modern cryptography for consensus
12 min readNov 9, 2019
Nearly all cryptocurrency projects use asymmetric cryptography for signing transactions. All transactions are put into a block and the protocol must come to a consensus that decides whether the block will be eventually added to blockchain or not. The first consensus was Bitcoin PoW and currently PoS is on the rise. Both PoW and PoS consensus use cryptographic tools. However, many people…