This note goes into a memory... - Deepstash

This note goes into a memory pool, kind of like a waiting room where all transactions chill before they get checked out.

Miners (or validators, depending on the blockchain) pick up the transactions and start solving crazy math puzzles.

When they solve it, they validate that the transaction is legit.

If you’re trying to send 5 bucks, they make sure you’ve got the 5 bucks to send.

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booksucker

Weird. Unconventional.

...let's get down to brass tacks, shall we?

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Similar to Proof-of-work, Proof-of-Stake is a consensus mechanism which underpins security of the blockchain by preventing doubles...

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