Proof of Stake (PoS)

This consensus process, which is frequently abbreviated as PoS, is used by various blockchains and calls for verifiers to lock up, or stake, a particular amount of crypto in order to be eligible to add new blocks to a blockchain. Your chances of becoming a validator increase with the number of coins you stake. You run the danger of losing your stake if you find yourself in a position where you knowingly approve a fraudulent transaction, which is a powerful deterrent to cheating