SECURITY AND VALIDATORS
Last updated
Last updated
Security is the foundation of any decentralized blockchain, and that's where Proof of Stake (POS), one of the pillars of Shine Chain, comes in. This innovative approach ensures that our network remains solid and reliable, without the need for excessive energy expenditure like other models, such as Proof of Work (POW).
What is Proof of Stake (POS)?
Proof of Stake (POS) is a consensus mechanism that operates based on the investment of validators in the network. Our blockchain relies on a random selection of validators who lock up your assets as collateral for your commitment. These validators are responsible for validating transactions and ensuring network security. However, what sets our approach apart is the long-term commitment of validators.