What Is Blockchain POS?
The Proof-of-Work consensus underlying many crypto projects such as Bitcoin has proven to be a very energy consumption and complicated mechanism, requiring costly equipment and electricity bills. Searching for alternatives to Proof-of-Work, one comes to mind first – the POS system.Proof-of-Stake (PoS) represents a mechanism harnessed within blockchains, endorsing the authentication and fortification of operations. […]