Computer Science · Blockchain Technology
Which of the following best defines the Proof of Stake (PoS) blockchain consensus mechanism?
- 1A centralized ledger system controlled entirely by the original developer of the cryptocurrency
- 2A system where physical hardware assets are registered with a government authority to print tokens
- 3A protocol that relies on the speed of a validator's CPU clock rate to solve complex puzzles
- 4A protocol that delegates block validation power to network participants based on the number of tokens they lock up✓
Correct answer
A protocol that delegates block validation power to network participants based on the number of tokens they lock up
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