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The Daily Hodl
2019-09-08 08:16:27

What Is Proof of Stake?

Ayn Rand would love proof of stake. Proof of stake is a consensus mechanism for decentralized ledgers. It lets computers scattered around the world keep the same database in the same confirmed state across many different locations at once, so it’s become a useful tool for a variety of emergent cryptocurrencies to maintain their operations […]The post What Is Proof of Stake? appeared first on The Daily Hodl.