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PoS

PoS

March 18, 2018 0

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Meaning of PoS

Proof of Stake has been considered the greener alternative to PoW. It requires hodling of certain amount of coin/token to verify transactions on the Blockchain.

Where PoW requires to perform a certain amount of computational work, a proof of stake system requires only to show ownership of a certain amount of money, or stake of the coin/token.

See Staking!

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