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
- Wallet Import Format (WIF) Definition
- Middleware Definition
- Neo Insurance Definition
- Automated Clearing House (ACH) Definition
- Special Purpose Acquisition Company (SPAC) Definition
