Proof of Stake (PoS) is a consensus mechanism used in blockchain networks to validate transactions and create new blocks. Unlike Proof of Work, which requires miners to solve complex mathematical problems, PoS allows validators to create new blocks based on the number of coins they hold and are willing to "stake" as collateral. This method is designed to be more energy-efficient and scalable.
In a PoS system, the likelihood of being chosen to validate a block is proportional to the amount of cryptocurrency staked. This encourages users to hold and invest in the network, as they can earn rewards for their participation. PoS aims to enhance security and reduce the risk of centralization in blockchain networks.