this post was submitted on 13 Nov 2024
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[–] [email protected] 4 points 2 months ago (1 children)

That’s proof of work. Proof of stake is you just need more than everyone else, right?

[–] ConnecticutKen 3 points 2 months ago* (last edited 2 months ago) (1 children)

It works more like loaning money and then receiving interest, except you are loaning crypto to the network and then you get it back, plus some, after a certain period of time

[–] [email protected] 2 points 2 months ago

Is the network not considered a third party