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Topic: What is meant by stakes in bounty programs? (Read 104 times)

sr. member
Activity: 647
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April 04, 2018, 08:39:57 AM
#3
Proof of Stake(PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e., the stake). In contrast, the algorithm of proof-of-work-based cryptocurrencies such as bitcoin uses mining; that is, the solving of computationally intensive puzzles to validate transactions and create new blocks.


I am a newbie and want to know about the meaning of stakes in any bounty program. Please explain.

Thanks in advance.   Smiley
newbie
Activity: 210
Merit: 0
They're shares.
newbie
Activity: 3
Merit: 0
I am a newbie and want to know about the meaning of stakes in any bounty program. Please explain.

Thanks in advance.   Smiley
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