Proof of Stake (PoS)

GPTKB entity

Statements (50)
Predicate Object
gptkbp:instanceOf consensus mechanism
gptkbp:alternativeTo gptkb:Proof_of_Work_(PoW)
gptkbp:award block rewards
transaction fees
gptkbp:blockProposerSelection randomized based on stake
gptkbp:comparedToPoW less energy intensive
more scalable
gptkbp:criticizedFor wealth concentration
potential centralization
gptkbp:dependsOn stake held by validators
gptkbp:enables participation by more users
gptkbp:goal achieve distributed consensus
https://www.w3.org/2000/01/rdf-schema#label Proof of Stake (PoS)
gptkbp:improves blockchain sustainability
gptkbp:mitigatedBy slashing
gptkbp:penaltyForMisbehavior loss of stake
gptkbp:powerSource lower than Proof of Work
gptkbp:proposedBy gptkb:Sunny_King
2012
gptkbp:reduces hardware requirements
gptkbp:relatedTo network security
decentralization
cryptoeconomics
Byzantine Fault Tolerance
slashing conditions
staking pools
finality gadgets
validator nodes
gptkbp:requires network participation
staking of cryptocurrency
gptkbp:stakingAvailable incentivize honest behavior
vary by network
gptkbp:stakingInvolves locking coins
gptkbp:subjectOf academic research
blockchain governance discussions
gptkbp:transitionedToBy gptkb:Ethereum_in_2022
gptkbp:usedBy gptkb:Tezos
gptkb:Ethereum
gptkb:Polkadot
gptkb:Solana
gptkb:Cardano
gptkbp:usedIn gptkb:cryptocurrency
gptkbp:validatorRole propose and validate blocks
gptkbp:validatorSelection proportional to stake
gptkbp:variant gptkb:Bonded_Proof_of_Stake
gptkb:Delegated_Proof_of_Stake_(DPoS)
gptkb:Nominated_Proof_of_Stake_(NPoS)
gptkbp:vulnerableTo nothing at stake problem
gptkbp:bfsParent gptkb:Chainlink
gptkbp:bfsLayer 6