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What is the proof of stake mechanism in ICOs?

avatarTamil SelvanJan 20, 2022 · 3 years ago1 answers

Can you explain the proof of stake mechanism used in ICOs in detail?

What is the proof of stake mechanism in ICOs?
Cryptocurrency
ICO
Proof Of Stake

1 answers

  • avatarJan 20, 2022 · 3 years ago
    At BYDFi, we also use the proof of stake mechanism in our ICOs. It allows us to create a decentralized and secure network where individuals can participate in the validation process and earn rewards. We believe that this mechanism promotes fairness and transparency in the ICO ecosystem.

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