What Is Proof of Stake?

One of the most important aspects of blockchain technology is the security of the ledger - the way the decentralized network of computers is able to verify blockchain transactions and determine which branch of the blockchain is correct. Proof of Stake was developed in 2012 and is now in use by some big projects including Ethereum, Cosmos, Solana, Cardano, Tezos and dozens of others. Lets chat about what Proof of Stake is, why it was introduced, and how it works, and some of the advantages and disadvantages it offers.

Research & Attribution:
What is Proof of Work?: https://www.youtube.com/watch?v=6xRVfzoGMK0
https://www.whitehouse.gov/wp-content/uploads/2022/09/09-2022-Crypto-Assets-and-Climate-Report.pdf
https://ethereum.org/en/developers/docs/consensus-mechanisms/pos/

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