Proof of Stake Explained in Hindi | Blockchain
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sir what about stake of others validators who don't get selected? will they get their stake back??
very good
Thankyou sir
00:03 Proof of Stake is a hot topic related to blockchain
01:01 Proof of Stake is a solution to the energy inefficiency problem of Proof of Work.
02:01 Competition and energy are involved in validating a single transaction in Proof of Stake.
03:03 Proof of Stake is a consensus algorithm that allows validators to validate transactions.
04:11 Becoming a validator in Proof of Stake is based on who has the highest amount of cryptocurrency.
05:03 Random selection of validators in Proof of Stake.
05:59 Proof of Stake is an energy-efficient alternative to Proof of Work.
06:56 Validating a transaction in Proof of Stake unlocks the amount and rewards the validator.
is it possible to choose the 2nd validator as the same 1st one?
Proof of work is better than proof of stake because it's more decentralised.
Very well explained
superb sir