Cryptocurrency Q&A What is proof of stake stratis?

What is proof of stake stratis?

BusanBeautyBloomingStarShine BusanBeautyBloomingStarShine Sun Jul 28 2024 | 7 answers 1451
Could you please explain what proof of stake stratis is in simple terms? I've heard about proof of work and other consensus mechanisms in cryptocurrency, but I'm not familiar with this one. How does it work? What are the advantages and disadvantages compared to other consensus mechanisms? Is it secure and scalable? And finally, why is it important for the Stratis platform? What is proof of stake stratis?

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