proof of stake

English

Alternative forms

• proof-of-stake

Noun

proof of stake (plural proofs of stake)

1. (cryptocurrencies) A process for transaction verification on a blockchain which does not require energy-intensive mining.

   Synonym: PoS

   Coordinate term: proof of work

   • 2016, Arvind Narayanan, Joseph Bonneau, Edward Felten, Andrew Miller, Steven Goldfeder, Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction, Princeton University Press, →ISBN, page 209:

     The purest form of proof of stake is simply to make mining easier for those who can show they control a large amount of currency.

Related terms

• staker

Translations

process for transaction verification

• Chinese:

  Mandarin: 權益證明／权益证明 (quányì zhèngmíng)

• Finnish: osuustodistus
• French: please add this translation if you can

Further reading

• proof of stake on Wikipedia.Wikipedia