Tag: Proof of Stake

  • Proof of Stake (PoS)

    Proof of Stake (PoS)

    Blockchains use a consensus mechanism known as Proof of Stake to confirm transactions before adding them to the chain. Even though blockchains don’t have a central authority, they can still be used as records that can be checked. The distributed ledger known as a blockchain is able to resist tampering because each transaction is recorded…