Proof-of-Stake
Crypto Technology
Ranks #6 on Vietnam Trends
About This Trend
Proof-of-Stake (PoS) is a consensus mechanism in blockchain networks, which serves as an alternative to proof-of-work (PoW). It is designed to be more energy-efficient and involves validators instead of miners, where validators need to stake a certain amount of coins to participate.
The current reason for Proof-of-Stake (PoS) trending is its recent adoption and implementation in major blockchain networks, such as Ethereum, which transitioned from proof-of-work (PoW) to proof-of-stake (PoS) in an update known as The Merge. This transition has sparked interest in the crypto community, with many discussing the advantages of PoS over PoW and its potential impact on the future of blockchain and crypto mining. .
Started trending 14 hours ago