Stake-based Consensus

Stake-based consensus is a method used in blockchain networks where participants, called validators, are chosen to create or verify new blocks based on the amount of cryptocurrency they "stake" or lock up as collateral. The more they stake, the higher their chances of being selected to validate transactions. This system incentivizes honesty because validators risk losing their staked coins if they act maliciously. It’s an efficient way to secure the network, reduce energy consumption, and ensure that participants are motivated to maintain integrity, making the process trustworthy and sustainable.