What is Proof of Stake algorithm used for?
Quick explanation on how PoS aims to decentralization throughout rewards & penalties.
Staked tokens by validators & delegators represent the risk capital that drives consensus in all Cosmos blockchains.
00:00 Introduction
00:10 Decentralized network through Proof of Stake
00:59 Updating the blockchain: validators
01:33 Rewards & Slashing
02:11 Delegated PoS: delegators
02:47 Delegation criteria
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