RE: Crypto terminology: "PoS-Proof of Stake"

You are viewing a single comment's thread from:

Crypto terminology: "PoS-Proof of Stake"

in cryptocurrency •  7 years ago 

What is the difference between proof of stake and inflation?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

By inflation, in particular Bitcoin,we understand the rise in the amount of coins in circulation. Proof of stake is the protocol/method used by the particular cryptocurrency to get the transactions confirmed and lengthen its blockchain.