'Impress Your Friends with these 30 NFT and Web3 Acronyms' nft nfts
Proof of Stake:
A mining construct that states a miner can mine/validate block transactions based on how many coins they hold.A mining construct that achieves consensus through solving complex mathematical problems using computation to validate/achieve consensus on transactions.Think of this like the key to your house. You should take extreme care to protect these and never give them out to anyone.Think of this like your home address. It’s a semi-public record of your location on the blockchain.
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