Proof of Stake
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Proof of Work (PoW) vs. Proof of Stake (PoS): Blockchain Consensus Mechanisms Explained
- May 15, 2021
- Posted by: DanCurranJr
- Category: General Information, Research Tutorials
No CommentsA 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