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Exploring the Consensus Algorithms of Blockchains

Overview of Blockchain Technology Since the Blockchain network is a decentralized network, an inherent challenge of validation arises. For any block to be added in a blockchain, it has to undergo validation. Blockchain is like a database containing valuable information, therefore, it becomes imperative for all the nodes to make sure they have the most updated and verified copy of it. Part of what makes Blockchain technology so popular is its robust security and validation. The mechanism through which the blocks are verified and made secure is called a consensus algorithm. Providing a method for every new block in a blockchain to be the only true version that is agreed upon by all the nodes. Different protocols and rules exist in the consensus agreement which provides trust for unknown nodes to agree upon the present state of the distributed ledger. Essentially, consensus algorithms provide a criterion for all the nodes to agree upon a common validation process. Types of Consensus Algor
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Proof of Work (PoW) VS Proof of Stake (PoS)

What is Proof of Work (PoW) ? The term “proof of work” was coined by Markus Jakobsson and Ari Juels in 1999. It's relevant to bitcoin. Proof of work is a protocol which is designed for secure digital transactions without any interference of 3rd parties. This work is based on previous puzzle solutions. Proof of work may be a method of  authenticating the current and past transitions. Basically this work is used in solving the puzzle generating rewards for whoever solves it called mining. Simply this is an algorithm that is designed to authenticate transactions and obtain new blocks added into blockchain. In Proof of work, miners are competing or fighting to solve a mathematical puzzle which will generate the new block then get the rewards as a bitcoins. Benefits of Proof of Work Proof of work reduces the risk of 51% attack because it is very difficult to do work. The whole bitcoin network cannot be controlled by single handedly based on the Hashcash Proof of work system. The miner n
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Understanding Liquidity Pools

There has been lots of buzz around the word "Liquidity Pools" in the DeFi environment as they drive trading and incentivize users. But what exactly are Liquidity Pools? Liquidity pools lock tokens inside a smart contract , a concept first introduced by a project named Bancor. As you can gauge by the name of liquidity pools, they work as market makers in decentralized trading finance. In a centralized setting, the buyer wishes to buy any asset at a lower price and the seller wants to sell it at a higher price. The challenge is to match these orders. Low liquidity will cause lots of order cancellations and customer dissatisfaction. This is where the liquidity pool plays an important role. How does this all play out in decentralized finance? As it is already mentioned that the centralized exchange is at a disadvantage of order cancellations due to the price fluctuations. The order book model relies heavily on individual market makers to create the market for certain assets. The
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Why invest in DeFi- Antlia StakeFlow

The financial paradigm is shifting at a rapid pace with the launch of the new DeFi tools. The launch of Ethereum 2.0 had been greatly anticipated by the finance experts as it can propel the DeFi market that faced a major dip in the last quarter of 2020. Steven Becker, the president and chief operating officer of Maker Dao stated that it is because of Ethereum 2.0 's capability of improving the major performance metrics such as scalability and throughput without affecting the decentralization that it can be the biggest boon for the DeFi future. Ethereum 2.0 had a network shift with the introduction of Proof-of-Stake consensus engine consequently improving throughput and scalability.  Proof-of-stake based blockchains have been the driving force for the major DeFi use cases. However, there is only yearly 6-15% rewards gain that a user receives for participating in proof-of-stake based systems which do not compare to the financial opportunities that DeFI market holds due to funds’ li
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What is DeFi (Decentralized Finance)?

  DeFi- An Explanation Cryptocurrencies are evolving as the digital currencies and money market is ever shifting with new hopes to attain blockchain’s decentralized finance in true sense. Recently, countries are pushing forward for the Central Bank Digital Currencies CBDC but cryptonauts are experimenting with the next money market with DeFi protocol. Antlia chain team is developing cross chain scalable blockchain for next generation decentralisation to overcome challenges of blockchain.   DeFi- A cryptocurrency revolution? Cryptonauts are calling DeFi as the cryptocurrency 2.0. The DeFi ecosystem is rampaging with hundreds of projects launching with more than $14.32 billion in assets till the third week of November 2020 as reported by DeFiPulse . Last year, the statistics were just over 276 million as reported by DeFi Pulse. But what exactly is DeFi?   Coming to the formal definition of DeFi, it is an abbreviation of much circulated phrase “Decentralized finance” tha
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ANTLIA - Beyond Interchange & Oracles

Antlia is an Interoperable and scalable blockchain with trusted smart contract based oracles for seamless data and asset sharing. Assume a web of blockchains where thousands of chains co-exist and every chain has its own metadata, data and cryptocurrency. In this case, users of one chain can only exchange and trade assets, data, services or goods from within that single chain. Currently, users of one blockchain cannot directly connect, exchange data or communicate with any other blockchain without having intermediary. Moreover, Legacy digital systems cannot exchange their data with any blockchain. Blockchains as a standalone entity have failed to generate an effective impact in the real world scenarios. Antlia scalable blockchain aims to be an interoperable blockchain having oracles that solve such bottlenecks for interoperability. Antlia will link blockchain to blockchains and digital systems which will ensure high cross-chain exchanges efficiency and enhance resilience to fault toler
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