What is the LPoS Algorithm and what is the difference between PoW and (D)PoS?
In this article, Inal Kardanov, Developer Advocate at Waves (Waves Protocol), discusses the key differences of the LPoS consensus algorithm versus PoS and DPoS. Several consensus algorithms are used today, including Proof of Work, Proof of Stake, Proof of Authority, and even Proof of Burn…