We all know consensus mechanism, right? Fault-tolerant mechanisms used in computer blockchain systems to achieve agreement on a single data value or a single state of the network among distributed processes or multi-agent systems? Examples being:
Proof of Work (PoW)
Proof of Stake (PoS)
Delegated Proof of Stake (DPoS)
Proof of Importance (PoI)
Proof of Capacity (PoC)
Proof of Elapsed Time (PoET)
Proof of Activity (PoA)
Proof of Authority (PoA)
We'll I figured out a new one, it's called Proof of Happiness.
Proof of Happiness (PoH) allows token owners to validate block transactions based on how happy they are and how happy they make others. By doing nice things for one another you can also mine in the network and to decide mining rights and validate transactions. I think this would be a great proposal moving forward especially in this sub where people can feel down every now and again. Positivity will lead this space forward.
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