Pi Network and Miracles
Pi Network and Miracles
Proof Of Stake
Why Stake The vision for Satoshi Plus consensus is coming to life. As illustrated in Hardening the Core Network, when Core mainnet goes live, the first Satoshi Plus powered chain will be fully operational. With mainnet’s launch on the near horizon, proof of work (“PoW”) and proof of stake (“PoS”) will soon finally meet their optimal synthesis, upholding the vital elements that Web3 needs: Security, Scalability, and Decentralization. Work Together, Stake Together The first half of the Satoshi Plus equation is proof of work, as expounded upon in Why Proof of Work and Hardening the Core Network. The capability of incorporating Bitcoin’s consensus mechanism hardens the decentralization of the Core network. The other half of the equation, however, is equally important. Although proof of stake by itself may trend towards centralization, when properly crafted and balanced with PoW, proof of stake brings token holders directly into the network security process and scales overall blockchain cap...
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