Proof-of-Validation

DeFi

Proof-of-validation (PoV) is a way for cryptocurrency networks to agree on transactions using a system where people stake or lock up their coins. Validators, who are chosen based on the amount they stake, help confirm and secure the network.

Definition: Proof-of-validation (PoV) is a way for cryptocurrency networks to agree on transactions using a system where people stake or lock up their coins. Validators, who are chosen based on the amount they stake, help confirm and secure the network.