Proof of stake consensus model

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Definition(s):

A consensus model where the blockchain network is secured by users locking an amount of cryptocurrency into the blockchain network, a process called staking. Participants with more stake in the system are more likely to want it to succeed and to not be subverted, which gives them more weight during consensus.
Source(s):
NISTIR 8202

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See NISTIR 7298 Rev. 3 for additional details.