Proof-of-stake changes the way blocks are verified using the machines of coin owners. The owners offer their coins as collateral for the chance to validate blocks. Coin owners with staked coins become “validators.” Validators are then selected randomly to “mine,” or validate the block .17 Ara 2021
Read moreCan you make money with proof of stake?
Proof of stake is one of the most popular for its efficiency and because participants can earn rewards on the crypto they stake . Staking rewards are an incentive that blockchains provide to participants.
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