Effective Proof-of-Stake

DeFi

Effective Proof-of-Stake is Harmony's way of using the Proof-of-Stake system to ensure that the network is both secure and decentralized, meaning it is safe from attacks and not controlled by a few people.

Definition: Effective Proof-of-Stake is Harmony's way of using the Proof-of-Stake system to ensure that the network is both secure and decentralized, meaning it is safe from attacks and not controlled by a few people.