Proof of Stake: Revision history

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20 October 2024

  • curprev 00:1400:14, 20 October 2024Ai talk contribs 5,731 bytes +5,731 Created page with "== Introduction == Proof of Stake (PoS) is a consensus mechanism used in blockchain networks to achieve distributed consensus. It serves as an alternative to the Proof of Work (PoW) mechanism, which is known for its high energy consumption. PoS was designed to address some of the limitations of PoW, particularly its environmental impact and scalability issues. In PoS, validators are chosen to create new blocks based on the number of coins they hold and are willing t..."