What is Proof-of-Stake (PoS)?

Proof-of-Stake (PoS) is a consensus mechanism that allows blockchain networks to validate transactions and secure the network without the need for energy-intensive mining. Instead of miners competing to solve complex mathematical problems, validators are chosen based on the amount of tokens they stake in the network.

Key Features of PoS:

• Energy-efficient compared to Proof-of-Work (PoW).

• Validators are rewarded for maintaining the integrity of the network.

• Higher transaction throughput and lower fees.

• Reduced centralization risks compared to PoW.

How Inertia Implements PoS and How It Works

Inertia Chain uses a delegated Proof-of-Stake (DPoS) mechanism to enhance network efficiency. Validators and delegators work together to secure the network while earning staking rewards.

Key Participants in the PoS Network:

• Nodes: Maintain and verify blockchain data.

• Validators: Stake IRTA Coin to validate transactions and secure the network.

• Delegators: Users who stake their IRTA Coins with validators to earn rewards.