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Share of consensus algorithms of blockchain companies South Korea 2020, by type

Published by
Jang Seob Yoon,
Jun 7, 2022
According to a survey conducted in South Korea in 2021, nearly 50 percent of companies developing or providing blockchain-based platforms offered the Proof-of-Work (PoW) consensus algorithm in 2020. The Proof-of-Stake (PoS) consensus algorithm followed with about 43 percent.

Distribution of consensus algorithms offered by companies providing blockchain-based platforms in South Korea in 2020, by type

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Sources

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Release date

March 2022

Region

South Korea

Survey time period

September 27 to December 6, 2021

Number of respondents

187 companies

Method of interview

Online survey

Supplementary notes

Multiple answers were possible.

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