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Asked On2022-06-12 18:49:39 by:Mohit-Jain

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The three major sybil resistance mechanisms employed: 
  1. Proof of Work (PoW)
  2. Proof of Stake (PoS)
  3. To a lesser extent, Proof of Authority (PoA).
 They all typically aim to achieve security by:
 i. Encouraging participants to come to consensus (agreement) on the state of the blockchain through a competitive process 
ii. Rewarding some or all participants for coming to agreement 
iii. Punishing participants that make efforts to stall the network from reaching agreement or for more directly trying to subvert it

Answerd on:2022-06-13 Answerd By:Mohit-Jain

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  1. Proof of Work (PoW)
  2. Proof of Stake (PoS)
  3. To a lesser extent, Proof of Authority (PoA).These are the three major sybil resistance mechanisms employed

Answerd on:2022-06-13 Answerd By:AnuroopT11

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