consensus
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Blockchain Consensus Encyclopedia Infographic
CONTRIBUTING
Introduction
Blockchain Consensus?
Glossary
Categorizing consensus
Chain-based Proof of Work
Chain-based Proof of Stake
Chain-based Proof of Capacity/Space
Chain-based Hybrid models
Chain-based Proof of Burn
Proof of Processed Payments (PoPP)
Proof of Burn (PoB)
Proof of Time
Proof of Stake (PoS) / Proof of Disintegration (PoD)
Chain-based Trusted computing algorithms
Chain-based PBFT and BFT-based Proof of Stake
Chain-based others
Chain-based DAG
Magi's proof-of-work (mPoW)
Common Attacks
Performance indicators
ThresholdRelay
Holochain
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Proof of Time
ChronoLogic considers time as value. Rather than proof-of-work or proof-of-stake mechanisms, ChronoLogicworks on proof-of-time. In its first use-case ChronoLogic pegs time to a store of value token named DAY based on the Ethereum blockchain. This cryptocurrency enables future value to be independent of third party assets that can be harvested such as electricity & processing power in the case of traditional cryptocurrency mining. The only way additional DAY can be produced is via the passage of time.
The DAY smart contract has advanced minting capabilities and a halving mechanism to limit the total supply of DAY in the future. Every contributor in any phase of the token contribution period will receive a minting address called a TimeMint with a specific minting power called ChronoPower. ChronoPower ranges from 1% to 0.5% minting additional DAY in the respective TimeMint based on the TimeMint’s current balance of DAY. ChronoPower decays linearly among contributors based on their contribution order. The first contributor receives TimeMint0001 with the highest ChronoPower of 1% & the last TimeMint receives the lowest ChronoPower of 0.5%.

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Proof of Burn (PoB)
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Proof of Stake (PoS) / Proof of Disintegration (PoD)
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