Proof of Stake (abbreviated PoS) is a consensus mechanism used in blockchain networks to authenticate transactions, create new blocks, and ensure network integrity and stability. Unlike the Proof of Work (PoW) mechanism, which is based on computing power, PoS consists of a deposit (called a deposit). “staku”) of the cryptocurrencies themselves on the part of network participants. An example of a network that has implemented PoS is Ethereum, which represented a major milestone in the development of cryptocurrencies.
PoS (Proof of Stake)
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