What is overprotocol’s consensus algorithm?
Question: What is overprotocol’s consensus algorithm?
Overprotocol is a distributed ledger technology that uses a novel consensus algorithm called Proof-of-Trust (PoT). PoT is based on the idea that nodes in the network can establish trust relationships with each other based on their past behavior and reputation. PoT does not require nodes to solve cryptographic puzzles or stake tokens, but rather relies on a dynamic and adaptive trust score system that rewards honest and cooperative nodes and penalizes malicious and selfish ones. PoT is designed to achieve high scalability, security, and efficiency in a decentralized and permissionless setting.
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