Abbreviated as PoS, this is a method for minting new coins and securing a network by permitting users to stake their coins in return for additional coins. It was introduced as an energy-saving alternative to Proof of Work (PoW).
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Abbreviated as PoS, this is a method for minting new coins and securing a network by permitting users to stake their coins in return for additional coins. It was introduced as an energy-saving alternative to Proof of Work (PoW).