What does PoS mean for digital currency (PoCT for digital currency)
What does PoS mean for digital currency? According to cryptoglobe, PoS for digit
What does PoS mean for digital currency? According to cryptoglobe, PoS for digital currency means “Proof of Stake”. Based on statistical data from bitcoinist.com, Bitcoin is currently ranked 12th in terms of market capitalization. PoS represents a special meaning: “allocation” or “holding”. If a person has an address (or account), they can decide how many tokens they wish to receive and the price of these tokens, thus affecting the rationality of their investment portfolio. Therefore, when they hold a specific digital asset, corresponding rewards will be generated.
PoCT for digital currency
According to Bitcoin news, PoCT for digital currency is a non-custodial encrypted payment system based on blockchain technology. According to official introduction, PoCT is a technology that uses cryptographic techniques for secure verification and privacy protection. Its working principle is similar to interbank transfers (such as WeChat and Alipay). Through this method, funds can be transferred from personal accounts to third-party wallets to ensure the security and tamper-proof nature of assets, and it can also be used as an exchange medium or accounting unit in various transaction tools.
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