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Little Boy 2024

@littleboy2024

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What Are Bakers? Baking is the process that Tezos uses in order to append new blocks of transactions to its blockchain. This is a delegated-proof-of-stake system, where bakers receive rewards for each block that is baked, in a similar sense as to how Bitcoin miners end up getting rewarded for discovering new blocks. A baker is more likely to bake a block if they have a larger number of rolls. The accounts have to be registered as a delegate in order to partake in the baking process, and can actually bake on behalf of others who do not meet the 10,000 XTZ requirements. Baking can be defined as the act of validating Tezos network transactions: this act of validation is called mining for proof-of-work blockchains such as Bitcoin while being called validating for proof-of-stake blockchain such as EOS.
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What Is Odysee? It is a website that enables the uploading and sharing of videos, allowing its users to publish their work without the need for paying hosting fees. It is also decentralized and censorship-resistant, meaning that there are no servers to shut down or block. Through the Odysee app, you can create your own channel, upload your videos to be shared with the world, and subscribe to other channels you enjoy. As a viewer, you can explore content from around the world through channels and hashtags. Odysee offers a safe home for your videos. But what does that mean in practice? Here are the three pillars of the Odysee platform: Decentralization means that your videos are hosted all over the world. There is no single point of failure, and no one can take your videos offline. In this way, Odysee is similar to blockchain-based services like LBRY and Bitcoin (where transactions are stored in blocks across a network of computers).
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