The Use of Cardano’s Proof of Stake (PoS) Consensus Algorithm and Its Impact on Network Efficiency
Blockchain technology has been making waves in the financial world, providing a decentralized, secure, and transparent way to transfer value. One such blockchain platform is Cardano, which has been making a name for itself with its innovative consensus mechanism. In this article, we will take a closer look at the Proof of Stake (PoS) algorithm