What is Proof of Stake? (PoS)

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How does Proof-of-Stake work?

Proof-of-Stake algorithms achieve consensus by requiring users to stake an amount of their tokens so as to have a chance of being selected to validate blocks of transactions, and get rewarded for doing so.

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Advantages of Proof-Of-Stake

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The ‘Nothing at Stake ‘ Problem

Ethereum’s Casper Protocol

Co-Founder of www.peaq.io. Fascinated by blockchain technology and its potential to shape our future.

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