The Investor’s Definitive Guide to Proof-of-Work and Proof-of-Stake (Abridged) PlatoBlockchain Data Intelligence. Vertical Search. Ai.
&

The Investor’s Definitive Guide to Proof-of-Work and Proof-of-Stake (Abridged)

There’s a lottery. To win the lottery, you need to purchase a lottery ticket. To be allowed to buy a lottery ticket, you must be chosen. To be chosen, you need to commit money to the lottery. The more money you commit, the more likely you are to be chosen. If you’re chosen to buy a ticket, your ticket will automatically match the winning number and you win. So the more money you have committed, the more likely you are to win the lottery.

Time Stamp:

More from Alontrus Group & CoinDesk