Glossary term
Proof of Stake
A power efficient transaction validation system in where users must ‘stake’ their coins in order to mint new blocks, minting of fraudulent transactions will cause staked coins to…
Definition
Understand the fundamentals, context, and nuances behind this term.
A power efficient transaction validation system in where users must ‘stake’ their coins in order to mint new blocks, minting of fraudulent transactions will cause staked coins to be lost.