PoS, Proof of Stake TON uses the... - Deepstash
<p>PoS, Proof of Stake </p><p>...

PoS, Proof of Stake

TON uses the POS consensus mechanism.

Basically, prospective validators will have to stake a minimum of 300,000 Ton coin to be able to validate transactions in the Blockchain.

Validators that participate in validating transactions will receive a fraction of the gas fees paid as incentives, plus the minted tokens as a result of addition of blocks.

It may interest you to know that aforetime, TON operated on a PoW consensus, where individuals, corporations and early adopters mined $TON coins freely.

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...the Blockchain of Blockchains. A Royal Supplanter?

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