Rescuing Lost Stories
Proof-of-stake is a consensus mechanism used in blockchain networks to validate transactions and secure the network. Unlike proof-of-work, where miners compete to solve complex mathematical problems, proof-of-stake allows validators to create new blocks based on the number of coins they hold and are willing to 'stake' as collateral. This method promotes energy efficiency and decentralization, making it suitable for decentralized archives focused on story preservation.
congrats on reading the definition of proof-of-stake. now let's actually learn it.