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Proof of Work vs Proof of Stake: What's Better? - 3-min cryptoWhat is proof of stake? Proof of stake (PoS) is a consensus mechanism used to validate and confirm crypto transactions on blockchain networks. One method many cryptos use is proof of stake (PoS). Proof of stake is a type of consensus mechanism used to validate cryptocurrency transactions. When a cryptocurrency uses proof of stake, that means it relies on a method known as staking rather than mining. Staking is a way to earn.