Proof of Work (PoW) is a consensus mechanism used by cryptocurrencies like Bitcoin, where miners compete to solve complex mathematical problems to validate transactions and create new blocks.
A public blockchain is a decentralized network open to anyone for transactions and validation, offering transparency, security, and permissionless innovation like Cardano.
Cardano ensures privacy with zk-SNARKs, enabling confidential transactions while maintaining network integrity.
A private blockchain is a permissioned network with restricted access for authorized entities, prioritizing privacy and control over decentralization, often used in enterprises.
Cardano’s performance metrics include throughput, latency, transaction times, and scalability, measuring efficiency and responsiveness.
Cardano's role in promoting diversity encompasses its commitment to fostering a culture of inclusion, belonging, and equity within its ecosystem, operations, and initiatives.
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