Achieving consensus in distributed ledgers. In some cryptocurrencies that use this algorithm, the person who produces (mines) a new block is randomly selected in the block chain; But the chances of choosing those who have higher stakes are more than others. Proof of Stake is presented as an alternative algorithm to Proof of Work algorithm.
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Achieving consensus in distributed ledgers. In some cryptocurrencies that use this algorithm, the person who produces (mines) a new block is randomly selected in the block chain; But the chances of choosing those who have higher stakes are more than others. Proof of Stake is presented as an alternative algorithm to Proof of Work algorithm.
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Achieving consensus in distributed ledgers. In some cryptocurrencies that use this algorithm, the person who produces (mines) a new block is randomly selected in the block chain; But the chances of choosing those who have higher stakes are more than others. Proof of Stake is presented as an alternative algorithm to Proof of Work algorithm.
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