ChainLocks Explained: Safeguarding the Firo Network Against Attacks
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Published a year ago
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Learn about what Chainlocks are, how it works on a high level and what problems it seeks to solve.
ChainLocks allow:
* near-instant finality of blocks (secure 1 confirmation transactions)
* 51% attack protection
Find out more:
https://github.com/dashpay/dips/blob/master/dip-0008.md
https://firo.org/2021/01/28/chainlocks-activated-mainnet.html
https://firo.org
Keywords
cryptocurrencyprivacyblockchain technologyblockchain securityfirochainlocks
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