6. What is Matrix's consensus mechanism?
MATRIX adopts a unique hybrid PoS + PoW consensus mechanism. The PoW is performed in a significantly smaller network of delegates, which are selected with a random distributed voting algorithm. The probability of a node to be selected is proportional to its PoS. The “winner” delegate shares the PoW reward with other nodes in its cluster. This mechanism eliminates the latency issues associated with scaling commonly faced by other blockchains.
Last modified 9mo ago