Proof of Stake (PoS) in crypto

PoS is an alternative to Proof of Work (PoW), which is used by Bitcoin and other cryptocurrencies. In PoW, miners use computing power to solve complex puzzles in order to validate transactions and create new blocks. In PoS, validators put up a stake of their own coins as collateral to validate transactions. Arrow

Validators are chosen to create new blocks based on the amount of stake they hold. The more stake they hold, the greater their chances of being chosen to create a new block.

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PoS networks can still be vulnerable to 51% attacks, where a single entity controls the majority of the stake and can therefore manipulate the network.

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[{"selector":"#anim-b38366e7-c134-487b-8106-60073aea2052 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] PoS is used by a number of popular cryptocurrencies, including Ethereum, Cardano, and Binance Coin. Arrow

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