Stake Beacon Chain (SBC)
Stake Beacon Chain is an Ethereum-consistent and real-world value environment requiring 32 STAKE per validator.
- Location:Ethereum Mainnet
- Purpose:Supply Reduction
- Location:Ethereum Mainnet, xDai Chain, Other Compatible Networks
- Purpose:Signal voting
- Location:Ethereum Mainnet, xDai Chain
- Purpose:Token exchange and usage
- Location:xDai Chain
- Purpose:Pooled Consensus
Proof of Stake
Proof of Stake (PoS) is a green consensus model where tokens or assets are used to secure the network. The xDai Network uses the STAKE token for PoS network security.
PoS is driven by economic incentives and uses very little energy vs traditional Proof of Work Blockchains.
Participants called validators and delegators commit STAKE to the protocol. They receive STAKE rewards for proper block production and penalties for improper behavior such as skipping blocks or operational failures.