⁉️Why ICB Network ?
Comparison chart between ICB NETWORK PoS-based blockchains and other blockchains using different consensus mechanisms
Last updated
Comparison chart between ICB NETWORK PoS-based blockchains and other blockchains using different consensus mechanisms
Last updated
| Feature | ICB PoS | Proof of Work (PoW) | Proof of Stake (PoS) | Byzantine Fault Tolerance (BFT) |
|---|---|---|---|---|
Transaction Speed
High (Fast block times)
Low (Slow block times)
Moderate (Variable block times)
High (Fast block times)
Energy Efficiency
High (Very low energy consumption)
Low (High energy consumption)
Moderate (Variable energy consumption)
Moderate (Variable energy consumption)
Decentralization
High (Delegation upon KYC for projects and investors)
High (Distributed mining power)
Moderate (Variable depending on token distribution)
Low (Centralized validator set)
Security
High (KYC Delegators participation)
High (Proven security track record)
Moderate (Variable depending on staking mechanism)
High (Byzantine fault tolerance)
Governance
Direct democracy (Token holders vote for delegates)
Indirect democracy (Miners influence network through hash power)
Variable (Depends on specific PoS implementation)
Limited (Pre-defined validator set)
Cost of Entry
Low (No mining hardware required)
High (Mining hardware and electricity costs)
Moderate (Staking tokens required)
Moderate (Staking tokens or reputation required)
Scalability
High (Handles large transaction volumes)
Moderate (Limited scalability)
Variable (Depends on specific PoS implementation)
High (Handles large transaction volumes)
Distribution of Rewards
High (KYC Projects/
Stakers take part of gas fee)
Proportional to mining power
Proportional to staked tokens
Fixed or proportional to delegated stake
Vulnerability to Attacks
Not Possible as KYC members Delegates
51% attack on mining power
Double-spend attacks, slashing
Forking, censorship