Proof of Stake (PoS) is block validation system where validators are able to earn coin based on the amount of coin they have staked . Unlike Proof of Work, where large amounts computational energy must be deployed to mine a cryptocurrency; proof of stakes works by earning a preset percentage of the block reward that is determined by the amount of token you have staked in the blockchain.
« Back to Glossary IndexProof-of-Stake
« Back to Glossary Index