🧠 Crypto Glossary – Day 51
✨ Proof of Stake (PoS)
It is a consensus mechanism that allows validating transactions and creating new blocks on the blockchain without the need for mining, instead by locking (or "staking") your own tokens.
💡 The more tokens you stake, the higher your chances of validating blocks and earning rewards. It is a more eco-friendly alternative to Proof of Work.
📌 Example:
"Staking 32 ETH allows you to be a validator on Ethereum and receive rewards on the PoS network."
📚 Did you know? Now you do.
Follow the series and learn crypto without smoke and mirrors.
One concept a day and getting less noob! 😎🚀
