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What is Proof of Stake?
43. What is Proof of Stake?
- A certificate needed to use the blockchain
- A password needed to access an exchange
- How private keys are made
- A transaction and Block Verification Protocol
Answer: D) A transaction and Block Verification Protocol
Explanation:
According to the Proof of Stake (PoS) idea, a person's ability to mine or validate block transactions is proportional to the number of coins they own. This means that the more coins a miner owns, the greater their mining power.