Terms Glossary P Proof of Stake
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Proof of Stake (PoS)

A consensus distribution algorithm that rewards earnings based on the number of coins you hold. This consensus algorithm is used to secure the network and confirm transactions, just like proof of work.
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This consensus algorithm is used to secure the network and confirm transactions, just like proof of work. However, the main advantage of POS is energy consumption is reduced dramatically compared to POW.
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