Proof-of-Stake (PoS)
Definition of what Proof-of-Stake (PoS) stands for (in finance):
A blockchain consensus mechanism where validators are chosen to create new blocks based on the number of tokens they hold.
More Term Definitions
- BACS (Bankers’ Automated Clearing System) Definition
- Governance Definition
- Collaborative Finance Definition
- Cold Storage Definition
- Artifact Definition
