PoS

Proof-of-Stake

      PoS is the acronym for Proof-of-Stake. 

      Proof-of-Stake is an algorithm used in distributed cryptocurrency networks for reaching consensus. The concept of PoS is based on the principles of vested interest/skin-in-the-game decision making. 

     Nodes in Proof-of-stake environments are called validators. The system operates by requiring any participant interested in becoming a network validator to lock up a certain amount of the networks crypto-asset. Those locked up assets act as a promise to act accordingly and any actor that behaves maliciously is punished by having their locked-up assets taken away from them. 

     Compared against PoW consensus mechanisms, PoS is typically faster and orders of magnitude more efficient in terms of energy consumption.

      Resources

Donate

BTC: bc1qcskmel9llhrdqj3arxyqnennx4ashvfutlreyy
LTC: ltc1qa0fj4lcu5365rep50aza5fqqvx8ef0afemh6s5
ETH: 0x071D72dbc48ad2Fe35daE256eCF0834C5dde688c
DASH: XgXHqVyJiQNdVVszH9cnqCP4uWcP8tVxdK
BNB: bnb1mau4j8kry0jgw45ufy69hvhd0k04llet8fk2p6

Welcome To The Crypfo Initiative!

There was an error while trying to send your request. Please try again.

Crypfo.info will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Join the Leaders of the Digital Economy.
Gain Access to Specialized Crypto Asset Insight before anyone else.