DeutschThe Proof of Stake (PoS) consensus mechanism is one of the most important in the field of digital currencies. With this algorithm, new units of a cryptocurrency are created when holders keep and unlock shares of a currency in their digital wallets (wallets). The process is also called staking.
In contrast to the energy-intensive mining by the proof-of-work algorithm, proof-of-stake consumes around 99.9 percent less energy. However, blockchains with proof-of-stake are not nearly as secure and decentralized as blockchains based on PoW.
