Blockchains

Comparing the Openness of Leading Proof-of-Stake Blockchains

Comparing the Openness of Leading Proof-of-Stake Blockchains

Proof-of-stake (PoS) is a consensus mechanism that allows participants to validate transactions and create new blocks on a blockchain network by staking their own assets. PoS is considered to be more energy-efficient, scalable, and secure than the traditional proof-of-work (PoW) mechanism that relies on computational power and mining. However, PoS also poses some challenges and …

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