The proof of Stake is a new and modern approach to block generation. Instead of wasting electricity in order to solve complex mathematical calculations, the Proof of Stake selects a node which will generate a new block. In this protocol, the probability to be chosen is directly correlated to the amount of stake (coin) bet on the Node.
n Takamaka, the stakeholder bet, unlike the classic PoW, is not a key element of the entire financial power. This is because the stake does not allow the single better to control or condition the algorithm. The bet on a Miner Node does not gives that Node predominance over the others.
The new consensus algorithm, The #PoS is a new and modern approach to block generation. Instead of wasting electricity in order to solve complex mathematical calculations, the Proof of Stake selects a node which will generate a new block. Takamaka will be released in 1/10 pic.twitter.com/wGlFIXZ05z— Takamaka (@Takamaka_io) September 18, 2019
join the community
- https://www.linkedin.com/company/takamaka-enterprise-
- https://twitter.com/Takamaka_io
