VLT Whitepaper
  • VLT
    • Overview
  • Features
    • Privacy
    • Consensus Mechanism
    • Scalability Solutions
    • Security Model
  • Roadmap
  • VLT Token
    • Use Cases
    • Tokenomics
    • Token application
  • Conclusion
    • Terms of Use
Powered by GitBook
On this page
  1. Features

Consensus Mechanism

PreviousPrivacyNextScalability Solutions

Last updated 8 months ago

Overview of Consensus Algorithms

Consensus algorithms are the backbone of blockchain security, ensuring that all nodes agree on the state of the blockchain. Various algorithms, such as Proof-of-Work (PoW) and Proof-of-Stake (PoS), offer different benefits and trade-offs.

VLT Proof-of-Privacy (PoP) Consensus

VLT introduces a novel consensus mechanism called Proof-of-Privacy (PoP), which is specifically designed to support the network's privacy-centric goals. PoP ensures that validators can verify transactions without compromising the privacy of transaction details.

Validator Incentives and Security Measures

Validators in the VLT network are incentivized through VLT token rewards, encouraging them to secure the network while maintaining privacy. Additional security measures are in place to protect against common blockchain threats, such as Sybil attacks and double-spending.

Governance Model

VLT employs a decentralized governance model, allowing VLT token holders to vote on network upgrades, protocol changes, and other critical decisions. This ensures that the community has a voice in the future development of the VLT network.