Consensus Mechanisms Without Jargon
Imagine a race where computers solve puzzles to earn the right to add a new page. The effort deters attackers because faking history would be incredibly costly. Curious about energy debates? Comment with your questions for a balanced deep dive.
Consensus Mechanisms Without Jargon
In Proof of Stake, validators lock up value as collateral and earn chances to propose blocks. Misbehavior risks that collateral. It aligns incentives around honesty, aiming for efficiency while keeping the network verifiable and open to scrutiny.