Examples of 'proof-of-stake' in a sentence
Meaning of "proof-of-stake"
Proof-of-stake is a noun in the context of cryptocurrency, indicating a type of algorithm by which a blockchain network aims to achieve distributed consensus
How to use "proof-of-stake" in a sentence
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proof-of-stake
Proof-of-stake is one of the alternatives to an agreement or a decentralized consensus.
Lightweight alternatives such as proof-of-stake have emerged to make the verification process more efficient.
Proof-of-stake model reduces the computational difficulty in the network and increases scaling possibilities.
The list above only covers some of the most lucrative Proof-of-Stake coins worth investing in.
Ouroboros is the first proof-of-stake system that has been mathematically proven to be provably secure.
Google 's quantum computer could purportedly help improve the random selection process of proof-of-stake cryptocurrencies.
A proof-of-stake system might provide increased protection from a malicious attack on the network.
These keywords indicate that this transaction is a vote that was cast from a proof-of-stake ticket holder.
Lisk uses a Delegated Proof-of-Stake system that varies slightly from standard PoS.
EOS is one of the first cryptocurrencies that implemented the Delegated Proof-of-Stake consensus mechanism.
It uses Proof-of-Stake as its consensus algorithm.
Alternative consensus methods include proof-of-stake.
Ethereum moving to proof-of-stake is a good example.
The different implementations of the Proof-of-Stake.
Pos pow proof-of-stake bitmex vitalik buterin.
See also
The concept is a development of the Proof-of-Stake.
Public test of proof-of-stake smart contracts platform.
It solves out the major problem of Proof-of-Stake.
Lisk uses a delegated proof-of-stake consensus mechanism.
A Proof-of-Stake blockchain will be used to process all BitCanna transactions.
Jumbucks originally ran on a proof-of-stake independent blockchain.
In the Proof-Of-Stake system, validators are the equivalent of miners.
The blockchain is operated using a Proof-of-Stake consensus protocol.
Instead, the proof-of-stake is to define a new way of reaching consensus.
The rest of the coins will be generated through Proof-of-Stake.
And by implementing the Proof-of-Stake protocol, it will be even safer.
Proof-of-stake ( PoS ) is seen as an alternative consensus algorithm to prevent these problems.
Developments are underway, and the switch to proof-of-stake is looming on the horizon.
In a proof-of-stake model there will no longer be miners, but validators.
The main principle of the platform is the special protocol Proof-Of-Stake.
Wallet, leased proof-of-stake oracles with others such as integrated cryptocurrency.
It has now become the world 's first anonymous proof-of-stake cryptocurrency.
With a proof-of-stake system, new coins are generated based on the holdings of individuals.
This digital currency is the first to utilize to use a combination of proof-of-stake and proof-of-work.
In the proof-of-stake system, new coins are generated based on the holdings of individuals.
This is the first cryptocurrency based on an implementation of a joint proof-of-stake and proof-of-work system.
However, it uses a proof-of-stake consensus protocol so that less energy will be consumed.
Consensus models vet computers seeking to join the blockchain with proof-of-work and proof-of-stake tests.
It operates on a proof-of-stake consensus algorithm and manages the “ balances ” on the ledger.
The TON blockchain will be based on the Proof-of-Stake consensus algorithm.
The proof-of-work and proof-of-stake algorithm allow two different mining approaches to be followed.
In a separate question, Andresen seemed to dismiss particular altcoins based on proof-of-stake.
Is there anything about proof-of-stake that could cause issues with maintaining privacy?
Read our guide to Ethereum 's highly anticipated move to a proof-of-stake system.
In some cases a proof-of-work or proof-of-stake scheme is used to create and manage the currency.
The proof-of-stake system was designed to address vulnerabilities that could occur in a pure proof-of-work system.
That planned transition to proof-of-stake is known as Casper.
Proof-of-Stake is another way of validating transactions.
The crypto project seeks to utilize proof-of-stake ( PoS ) in ensuring instant and scalable transactionprocessing.
Proof-Of-Stake applies a completely opposite philosophy to protect the network.