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NEM chain has a modified POS algorithm that not only takes in account the stake, but also the network effect of a node. For instance a node with a high stake w
by dausama 9y ago
NEM chain has a modified POS algorithm that not only takes in account the stake, but also the network effect of a node.
For instance a node with a high stake would need to move a lot of its stake around to overtake the network. I believe it uses an algorithm called EigenTrust++ and it has been working great for the last 2-3 years, since it was first coded into the chain.