Cryptocurrency Q&A Is polkadot a PoS?

Is polkadot a PoS?

Daniela Daniela Thu Nov 07 2024 | 7 answers 1039
I'm trying to figure out if Polkadot is using the Proof of Stake mechanism. I've heard about different consensus algorithms and I want to confirm if Polkadot specifically employs the PoS approach. Is polkadot a PoS?

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