Proof-of-Stake (PoS)

A consensus mechanism for blockchain networks where validators stake the network’s native digital assets to participate in block creation and demonstrate their alignment with the network’s consensus mechanism. The protocol will randomly select a validator to propose a new block and a separate committee of validators, known as attesters, then vote on the block’s validity (i.e., confirm the transactions in that block are valid). Typically, there are rewards (e.g., newly minted tokens) for performing properly, while malicious behavior results in reduction of staked tokens (i.e., slashing).