Proof of Stake (PoS) Consensus Mechanism
WOW EARN utilizes a Proof of Stake (PoS) consensus mechanism for network security and transaction validation. This model is more energy-efficient than Proof of Work (PoW), promoting scalability and sustainability.
Validator Nodes: Users can stake WOWCoin to become validators, securing the network and earning staking rewards.
Staking for Network Security: Encourages decentralization and network security through staking, making the network more robust as more WOWCoin is staked.
Energy Efficiency: PoS requires less energy compared to PoW, reducing the environmental impact and supporting sustainable growth.
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