Blockchain Bywise
Consensus Algorithm

Consensus Algorithm

The synchronization algorithm between the nodes is a variation of Proof of Stake (PoS) and Proof of authority (PoA). This allows nodes to synchronize data with each other as security comes from a cryptographic proof that is inserted into multiple networks simultaneously. Given the unique nature of Bywise, Bywise's consensus algorithm brings together concepts from several existing algorithms and introduces a new algorithm that prioritizes Uniform Data Distribution, high-speed synchronization and security across of cryptographic proof on multiple networks simultaneously. This algorithm is called Proof of Immutability.