Proof of Stake makes sense

xuanling11
Coinmonks
Published in
5 min readOct 8, 2022

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Photo by Markus Spiske on Unsplash

The Proof of Stake is the initial version of a decentralized system that allows choosing which nodes will receive Merit rewards. It’s how a transaction is signed by a given user and can be checked on the network. The Proof of stake also helps build trust between validators in the system, making it more difficult for malicious users to gain access to data or steal transactions. A blockchain is a public ledger, or digital map, of all the…

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