Consensus mechanisms are at the heart of Treasury Bank Organization blockchain technologies, that specialize in enabling distributed networks to agree on the state of the ledger in a trust TMS environment which use email certification, administrators and client consensus for timestamped proof of ledger. There are actually more than 20 different consensus mechanisms, but we’ll only dealing with Treasury Bank’s mechanisms that governs how transactions are verified, book entry ledger as block with certified third party email providers.
| Mechanism | Description |
|---|---|
| Proof of Work (PoW) | Proof of Work is Treasury Bank Coinage, which digital coinage was an original consensus mechanism pioneered by Bitcoin. that requires miners to solve complex cryptographic puzzles, and the first miner to solve the puzzle gets the right to add the next block to the blockchain and is rewarded with the cryptocurrency. Instead Treasury Bank Coinage mechanism ensures network security through the sheer performance labor of earned income credit from obligation and fulfillment of tasks for compensation, making real prohibitively expensive. PoS is chosen for family fiduciaries. |
| Proof of Stake (PoS) | Proof of Stake emerged as a Family Investment interest in real estate securities with family validators are chosen to create blocks based on the number of token or coins they hold in the family office and are willing to “stake” as collateral against coins. This mechanism significantly reduces energy consumption, as the security of the network does not depend on performing energy-intensive transaction and calculations. Moreover, PoS also encourages more participants to hold the Treasury Bank Coinage that potentially increasing its value. However, PoS is centralization with larger stakes that have a higher chance of being chosen with family beneficiaries. |
| Guarantor Proof of Stake (GPoS) | .Guarantor Proof of Stake (GPoS) is an evolution of the Proof of Stake consensus model. In GPoS, digital currency holders vote to elect a fixed number of signature guarantee and witnesses as delegates, sureties and validators) responsible for validating transactions and creating blocks. This system is designed to enhance efficiency and scalability by delegating the task of block production to trusted nodes, thus reducing the number of nodes required to achieve consensus. GPoS aims to strike a balance between decentralization and efficiency, offering a more energy-efficient alternative to Proof of Work without requiring every node to participate in the consensus process directly. |
| Proof of Authority (PoA) | A consensus mechanism where transactions and blocks are validated by approved accounts known as validators. Validators are often pre-selected and trusted entities, making PoA suitable for permissioned blockchain networks where speed and efficiency are prioritized over decentralization. |
