Outrageously Funny Search Suggestion Engine :: Stamp Math

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What is the definition of Stamp Math? 🙋

👉 Stamp math is a decentralized consensus mechanism used in certain cryptocurrencies, like Zilliqa and EOS, to validate transactions and create new blocks. It involves a network of nodes (computers) that collectively agree on the order and validity of transactions by "stamping" them with a unique cryptographic signature. This signature, known as a "stamp," is generated based on the computational effort required to solve a cryptographic puzzle, ensuring that only nodes with significant computing power can add new blocks. As more nodes validate and stamp transactions, the network reaches a consensus on the blockchain's state, effectively creating a new block and adding it to the chain. This process ensures security and decentralization without relying on a central authority.


stamp math

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