Proof-of-Stake: Difference between revisions
From TerGoPedia
(Created page with "One of the cryptographic mechanisms operating within the consensus algorithm in a blockchain network. This operation is based on selecting specific data/attributes and confirming their state. The PoS algorithm presents itself as a greener alternative to the PoW algorithm because it consumes much less electricity than PoW.") |
No edit summary |
||
| Line 1: | Line 1: | ||
One of the cryptographic mechanisms operating within the consensus algorithm in a blockchain network. This operation is based on selecting specific data/attributes and confirming their state. | One of the cryptographic mechanisms operating within the [[consensus algorithm]] in a [[blockchain]] network. This operation is based on selecting specific data/attributes and confirming their state. | ||
The PoS algorithm presents itself as a greener alternative to the PoW algorithm because it consumes much less electricity than PoW. | The PoS algorithm presents itself as a greener alternative to the [[Proof-of-Work|PoW algorithm]] because it consumes much less electricity than PoW. | ||
Latest revision as of 16:22, 4 July 2022
One of the cryptographic mechanisms operating within the consensus algorithm in a blockchain network. This operation is based on selecting specific data/attributes and confirming their state.
The PoS algorithm presents itself as a greener alternative to the PoW algorithm because it consumes much less electricity than PoW.
