Proof of stake consensus model

Proof of stake consensus model

A consensus model where the blockchain network is secured by users locking an amount of cryptocurrency into the blockchain network, a process called staking. Participants with more stake in the system are more likely to want it to succeed and to not be subverted, which gives them more weight during consensus.

📚 Reference: NISTIR 8202
🏷️ Category: Cybersecurity
📊 Commonality: common