Proof of Stake (PoS) is a blockchain consensus method where validators validate transactions and create new blocks. Unlike Proof of Work (PoW), where miners compete to solve intricate puzzles, PoS relies on validators with financial stakes, encouraging them to act honestly. Fraudulent actions could lead to the loss of their staked assets.
23 Sep 2023
6 min read
With its recent Mainnet-1B upgrade, the platform has introduced a range of enhancements aimed at improving user experience and scalability. Built on the Cosmos SDK and leveraging the Tendermint Proof-of-Stake mechanism, Agoric offers developers a familiar environment with JavaScript smart contracts.