Proof-of-Stake-and-Activity (PoSA): A consensus mechanism for the new era in Web3.
Blockchain technology has disrupted various industries by providing a secure decentralized platform for transactions and data storage. The consensus mechanism is one of the most critical components of any blockchain out there, as it ensures its reliability and security. In recent years, new consensus mechanisms have been introduced, and existing ones have been improved to cater to the growing demands of the industry. has been the most widely used consensus mechanism in blockchain technology.
Up-and-coming Web3 company Fastex is taking this development to the next level by introducing its very own ecosystem of tools and products that will rely on the innovative proof-of-stake-and-activity consensus mechanism.Built to improve upon the widely adopted PoS mechanism, proof-of-stake-and-activity is designed to create an additional layer of security for the long-term success of the blockchain network.
PoSA places emphasis on network participants who focus on delivering value to their users through consistent block rewards. The larger the user base, the greater the level of activity and the larger the share of rewards.
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