Proof of Stake (PoS) is a consensus mechanism where validators are chosen to create new blocks and confirm transactions based on the amount of cryptocurrency they hold and lock up as collateral. This method is more energy-efficient than Proof of Work.
Validators earn rewards for their participation, but they also face penalties, known as slashing, if they engage in malicious activities.
PoS is increasingly adopted by modern blockchain networks, contributing to a more sustainable and scalable ecosystem.
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