Proof-of-Time (PoT)

Proof-of-Time (PoT) is a decentralized, scalable, verifiably secure, and environmentally-friendly consensus algorithm.

Proof-of-Time (PoT) is a decentralized consensus algorithm that works by selecting validators in proportion to their ranking scores and fixed stake. A ranking score is a numerical weighting measure that the algorithm assigns to each validator based on its historical experience (the accuracy with which the node validates event data) and other validators’ experience with the validator. 

On the other hand, a fixed stake is a staking mechanism where all the validators stake an equal amount of tokens—the platform’s native asset—to participate in the consensus process. Unlike typical proof-of-stake (PoS), where nodes must stake large amounts of tokens to be considered for consensus, the PoT mechanism is fair. Any node can participate as a validator provided it has staked a fixed amount of tokens and accumulated a ranking score. 

Victor Young is a computer scientist, DeFi protocol architect, and serial entrepreneur with decades of experience guiding early-stage startups across both Web 2.0 and Web 3.0 to success. He is highly skilled across several different programming languages and commands extensive knowledge in entrepreneurship, venture capital, business development, strategic partnerships, and startups. Victor is behind several successful startups like Enet Inc., Flinja, Take 44, and the most-recent Analog Protocol. Additionally, Victor is also a serial investor with investments across some of the most popular brands like Vastrm, Verificient Technologies, NextGen Venture Partners, Genome Compiler Corp., BOXC, Pingpad, Drive Motors, DocSend, Penrose Studios, and XFund, among others.