PoS: Proof of Stake
PoS - Proof of Stake, in order to deal with the problems PoW faces, PoS uses the shares to decentralize the system. Assumes that the more shares owned, the more vested interest in the system. Some problems for this system:
Save social resources, do not need dependence on computing power, and eliminate waste of resources.
The rights and interests are more aligned. The person who owns the greater right also has more shares at the same time.
Transfer of equity remains slow. Since everyone has the right to vote, the overall confirmation rate is still slow.
The cost of being malicious is low. Although the interest is relatively strong, due to lack of a punishment mechanism, the cost of being malicious is not so high.
#ambr #vocabulary #bitcoin #cryptocurrency #ethereum #DAG
🔥Our Social Media Channels🔥
Twitter:
https://twitter.com/AmbrGlobal
Facebook:
https://www.facebook.com/Ambr.Global.Blockchain
GitHub:
https://github.com/Ambr-org/Ambr
SteemIT:
https://steemit.com/@ambr.global
Bitcointalk ANN:
https://bitcointalk.org/index.php?topic=5080890
Reddit:
https://www.reddit.com/user/AmbrGlobal
Instagram:
https://www.instagram.com/ambr.global
Medium:
https://medium.com/@ambr.global
Telegram:
https://t.me/AmbrGlobal2
Telegram Developers Community:
https://t.me/AmbrGlobal
(only for developers)
Leave PoS: Proof of Stake to:
Read more #bitcoin posts
Best Posts From AMBR Global
We have not curated any of ambr.global's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From AMBR Global
- 2898 Followers on Facebook, check it out!
- Join the discussion about our Blockchain Technology on Telegram!
- AMBR .GAS. Implementation Cost
- AMBR Hash Function
- AMBR Zero Knowledge Proof
- AMBR Account Chain
- AMBR External and Contract accounts
- 200 Followers, THANK YOU STEEMIT!
- AMBR Casper Protocol
- AMBR Hashed Time Lock Agreements (HTLA's)