The Sign Protocol (used in Web3 for attestations and credentials) doesnโt rely on a single traditional blockchain consensus like Proof of Work or Proof of Stake. Instead, it works on top of existing blockchains and uses their consensus mechanisms.
Letโs break it down simply ๐
๐น 1. What is Sign Protocol?
Sign Protocol is a system for creating and verifying attestations (proofs), such as:
Identity verification
Certificates
DAO voting records
Airdrop eligibility
๐น 2. How Consensus Works in Sign Protocol
โ A. Inherited Consensus (Main Idea)