How Does Proof-of-Stake Differ from Proof-of-Work as a Consensus Mechanism?
Proof-of-Stake (PoS) replaces computational competition with economic stake. Instead of miners solving puzzles, validators are chosen to create new blocks based on the amount of cryptocurrency they have "staked" as collateral.
PoS is generally considered more energy-efficient and relies on economic penalties (slashing) to ensure honest behavior.