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Proof of Stake

  • Proof of Work (PoW) vs. Proof of Stake (PoS): Blockchain Consensus Mechanisms Explained

    • May 15, 2021
    • Posted by: DanCurranJr
    • Category: General Information, Research Tutorials
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    A critical aspect of blockchain technology is the distributed ledger, which stores records of all previous transactions. The reason why it is referred to as a distributed ledger is that the information is not stored in a central location but across a network of computers (nodes) in different parts of the world. For the ledger

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