PROOF OF STAKE
Fair, Random and Geographic Focus Miner Selection
for a Decentralized Regional Network
Within the KHERI blockchain ecosystem,
the proof-of-stake (PoS) concept would serve as a consensus mechanism to validate and secure transactions on the network. PoS relies on participants “staking” their cryptocurrency holdings as collateral to become validators or miners
By implementing the proof-of-stake consensus mechanism within the KHERI blockchain ecosystem, fair and random selection of validators can be achieved, ensuring decentralization, geographic focus, and security of the network. Validators’ staked tokens act as collateral, aligning their incentives with the success and integrity of the blockchain. This collaborative effort supports the scalability, efficiency, and economic growth of the KHERI blockchain ecosystem.