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Forging
HomeGlossary TermsForging

Forging

June 28, 2023BY Ubik Capital
143Views

Forging is the process of creating or minting new blocks in blockchain protocols that employ the Proof-of-Stake (PoS) consensus algorithm. When a new block is forged, participants have an opportunity to earn rewards from transaction fees associated with the block. Forging occurs after validating transactions and signing the block. Different PoS networks have specific requirements for participating in the validation and forging process.

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