Proof-of Stake: The Next Big Thing in Crypto?

LikeFolio data shows that there’s a new type of blockchain that’s gaining massive traction with investors: Proof-of-Stake.

Proof-of-stake also relies on users volunteering processing power to complete transactions, but instead of requiring puzzles to be solved, blockchain validators are selected (and rewarded) based on the number of native tokens they have purchased and "staked".

This method requires far less energy and ensures that blockchain participants have a vested interest -- Mentions of staking cryptocurrency show a rapid pace adoption rate: +907% YoY and +162% QoQ.

Many of the newer cryptos utilize this technology, and the rising rate of mentions is a promising sign for blockchain adoption going forward.