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.

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