What is Proof of Stake?

A consensus mechanism where validators deposit (lock up) cryptocurrency as collateral to propose and validate new blocks. It is more energy-efficient than Proof of Work.

Also known as: Proof of Stake (PoS)

── RELATED TERMS

Private Key Proof of Work Public Key / Address Pump and Dump Order Book

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This definition is provided for educational purposes only. It does not constitute financial advice.