Proof of Stake (PoS) is a consensus mechanism where network participants validate new blocks based on the amount of cryptocurrency they hold and stake. Unli...

eSync Network is transitioning to PoS to increase the decentralization and security of our network. PoS allows us to encourage the participation of a larger...

The transition is planned for 16 July 2024. We will announce detailed information and a specific timeline through our communication channels in due course.

More information and updates will be published on the esync.network Website and the eSync Network social media channels. We recommend regularly checking our...

In a PoS system, validators (stakers) are selected based on the amount of coins or tokens they have staked and other factors such as randomness to validate ...

All existing transactions and data of the eSync Network remain unchanged and secure. The transition only affects the consensus mechanism and does not alter ...

To participate in the eSync Network PoS, users need to stake a certain amount of eCredits (ECS). This stake signals their commitment and trustworthiness wit...

As with any investment, there are risks, including the potential loss of the stake in the event of misconduct or attacks on the network. Participants should...

Rewards in the eSync Network PoS system are distributed proportionally to each validator's stake. Validators who successfully create new blocks and vali...

PoS offers higher decentralization than PoA as anyone can participate in the consensus without any approval of the community. As a result, more participants...