Trending: posAll contenthive-129948hive-196917krzzanhive-183959hive-180932steemphotographyhive-166405hive-185836uncommonlabhive-144064bitcoinhive-145157hive-150122krsuccesshive-188619hive-124908hive-109690hive-183397lifehive-101145hive-139150hive-184714hive-153970TrendingNewHotLikersnesaty (66)in hive-183397 • 5 days agoHow does PoS work?Proof of Stake is a mechanism of consensus which blockchain networks use to validate the transaction and secure the network. Other than this, the Proof of Work consensus mechanism requires miners to…nesaty (66)in hive-183397 • 17 hours agoPoS energy consumptionGenerally, PoS reduces energy consumption to a great extent compared to traditional PoW systems; hence, it is an eco-friendly consensus mechanism for blockchain networks. Miners compete in solving…nesaty (66)in hive-183397 • 3 days agoBenefits of PoSDue to a lot of advantages compared to more classic methods, for example, Proof of Work, Proof of Stake is much more viable as a consensus system for most of the modern blockchain networks. Probably…nesaty (66)in hive-183397 • 2 days agoHow does PoS scaleThereby, Proof of Stake improves blockchain scalability since the validation process is more efficient and gets rid of the power-consuming mining involved in Proof of Work, which contributes to slow…
