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
- Zero-Knowledge Proof (ZKP) Definition
- Platform-as-a-Service (PaaS) Definition
- Financial Information EXchange (FIX) Definition
- Agile Organization Definition
- Geo-IP Definition
