From 9a3140850e20897c1d486b62b5b43be325b178da Mon Sep 17 00:00:00 2001 From: Tim McMackin Date: Tue, 3 Oct 2023 08:54:01 -0400 Subject: [PATCH] Typo: consensus model --- src/pages/tezos-basics/tezos-blockchain-overview/index.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/src/pages/tezos-basics/tezos-blockchain-overview/index.md b/src/pages/tezos-basics/tezos-blockchain-overview/index.md index fbd58f7ad..9077a82db 100644 --- a/src/pages/tezos-basics/tezos-blockchain-overview/index.md +++ b/src/pages/tezos-basics/tezos-blockchain-overview/index.md @@ -27,7 +27,7 @@ Anyone who holds XTZ — the chain's native token — can propose changes to how ## Tezos uses proof of stake -The proof-of-stake consensus model consensus model eliminates the need for high energy use, making it the "green" choice for blockchains. Instead of competing to achieve consensus as in proof-of-work models, Tezos nodes (called *bakers*) stake Tezos tokens to earn the right to create blocks and receive rewards. Users who want to participate without running a node themselves can delegate tokens to a baker for a share of the rewards. The bakers and delegators keep control of their tokens and can remove them at any time. Tezos's approach to consensus has been described as [Liquid Proof of Stake](https://medium.com/tezos/liquid-proof-of-stake-aec2f7ef1da7). +The proof-of-stake consensus model eliminates the need for high energy use, making it the "green" choice for blockchains. Instead of competing to achieve consensus as in proof-of-work models, Tezos nodes (called *bakers*) stake Tezos tokens to earn the right to create blocks and receive rewards. Users who want to participate without running a node themselves can delegate tokens to a baker for a share of the rewards. The bakers and delegators keep control of their tokens and can remove them at any time. Tezos's approach to consensus has been described as [Liquid Proof of Stake](https://medium.com/tezos/liquid-proof-of-stake-aec2f7ef1da7). The proof-of-stake model improves scalability and encourages incentive alignment. It also increases the cost of 51% attacks and avoids environmentally wasteful proof-of-work. Tezos launched in June 2018 as one of the first major proof-of-stake networks.