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Consensus Mechanism

The algorithm of TIME Blockchain

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Last updated 1 year ago

The TIME Blockchain has adopted the PoA (Proof of Authority) consensus algorithm to further strengthen the ecosystem. By using ANTTIME, individuals or organizations can produce TIME by leveraging time as an absolute asset. After undergoing the verification process of governance, they can join as TIME Provers, who serve as validators. Individuals or organizations holding 10 million TIME coins can become node validators and members of the Governance Council. The allocation of these positions may vary based on countries and populations.

✅ Consensus Algorithm: Proof of Authority

✅ Transaction Processing Speed: 4,000 tps (transactions per second)

✅ Block Generation Period: 1 seconds

✅ Openness: Verified node validators can participate in the consensus process.