Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Largo Coin |PoS|Limited Supply|B2C|C2C|
by
henderyjeno
on 03/05/2020, 17:31:03 UTC
I am wondering is LRG secured? How does Largo ensure security?

PoS. You must know it already. Proof-of-Stake is a tool to ensure highest security of Largo that costs no increasing consumption of computing powers.

How does it work? If PoS really have that beneficial function in securing Largo, which side does it work? Undecided

There are many ways that a POS can prevent data breaches or accidental data mishandling.
Proof of Stake (PoS) is a system of securing cryptocurrency networks through user requests to determine ownership of a certain currency.
This is different from a Proof-of-Work system that runs a hashing algorithm to validate electronic transactions.