📪Consensus Mechanism

In the traditional Proof of Work (PoW) mechanism, network security depends on significant computational power, where nodes must compete to solve complex mathematical problems to earn block rewards. Although this method ensures network decentralization and protection to some extent, it also leads to significant energy consumption and environmental impact. Additionally, to participate in the PoW mechanism, nodes need to invest in expensive computational resources, undoubtedly raising the participation threshold and limiting the participation of small nodes or individual users.

In contrast, Link Network has chosen a consensus mechanism that combines Proof of Stake (PoS) and Proof of Authority (PoA) - PoSA. In the PoSA mechanism, network security no longer depends on the competition for computational power. However, it is entrusted to a selected set of validators responsible for confirming transactions and creating new blocks. This method significantly reduces energy requirements and environmental impact.

Under the PoSA mechanism, the aim to become a network validator no longer has many computational resources. However, it is based on other criteria such as the stake held, community trust, or pre-set authority rules. This not only makes the network more open and democratic, allowing any individual or organization that meets the conditions to become a validator, but also ensures network security and decentralization.