In this episode, we understand what is proof of stack consensus and how it compares with proof of work. Proof of Stake (PoS) is a blockchain consensus algorithm where the nodes put an economic value on stake to participate in block production. The problem domain is the same — to find out who should produce the next block for the blockchain.
Episode 22 - Proof of Stake
Episode 22 - Proof of Stake
Episode 22 - Proof of Stake
In this episode, we understand what is proof of stack consensus and how it compares with proof of work. Proof of Stake (PoS) is a blockchain consensus algorithm where the nodes put an economic value on stake to participate in block production. The problem domain is the same — to find out who should produce the next block for the blockchain.