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wholesale labmade jewelry What does Bitcoin mining adopt a workingload mechanism?
Prof of Stake, referred to as POS, also known as the equity certificate mechanism, similar to the banks in the bank, the bank will allocate the corresponding income through the number and time you hold digital assets.
mi, adopt POS digital assets, and systematically distribute the corresponding rights and interests according to your currency age. The currency age is the number of coins and time. For example, if you hold 100 coins and hold a total of 30 days, then your currency age is 3,000 at this time.
Compared with POW (workload proof mechanism), POS has two advantages. First, POS will not cause too much power waste, because POS does not need to be minitted by combating power. Second, POS is more difficult to perform 51%attack. With 51%of coins to launch an attack, the network attack will cause damage to their own interests, which is obviously not cost -effective.
Compared with POW (workload proof mechanism), POS has two advantages. First, POS will not cause too much power waste, because POS does not need to be minitted by combating power. Second, POS is more difficult to perform 51%attack. With 51%of coins to launch an attack, the network attack will cause damage to their own interests, which is obviously not cost -effective.
At present, many digital assets are issued new coins with POW, and POS is used to maintain blockchain network security.