Jun 09 2021

‘Proof of stake’ consensus protocol is 51% more expensive to attack!

In the crypto world, there are several consensus protocols that can be used for mining tokens and verifying blockchain transactions, one of these protocols is the "Stake of proof"

Stake of proof is a protocol that refers to a mechanism in which the validation process within a blockchain is directly proportional to the amount of coins you hold on the chain, in other words, staking coins as a guarantee deposit gives you higher accessibility to the blockchain.

Created as an alternative to the Proof of work protocol, "Proof of stake" is a less cyber-hitable workframe as its mechanism depends on the participation by staking rather than the "Proof of work" mechanism of feeding power to algorithmic alterations.