this post was submitted on 13 Nov 2024
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submitted 1 week ago by [email protected] to c/whitepeopletwitter
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[–] [email protected] 4 points 1 week ago (1 children)

That’s proof of work. Proof of stake is you just need more than everyone else, right?

[–] [email protected] 3 points 1 week ago* (last edited 1 week ago) (1 children)

It works more like loaning money and then receiving interest, except you are loaning crypto to the network and then you get it back, plus some, after a certain period of time

[–] [email protected] 2 points 1 week ago

Is the network not considered a third party