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Academy Blockchain Glossary Article

Proof of Stake

2020.07.21 0x6617

Proof of Stake is an alternative to the proof-of-work system, in which your existing stake in a cryptocurrency (the amount of that currency that you hold) is used to calculate the amount of that currency that you can mine.

Disclaimer: The Content is for informational purposes only, you should not construe any such information or other material as investment, financial, or other advice.

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