LT42 Did mention pluto? That may be my stake pool lol.
Staking is how Proof of Stake consensus protocol works, unlike Proof of Work which Bitcoin/Ethereum uses.
Instead of trying to solve cryptographic puzzles to be selected to add the next block to the chain, slots are assigned based on the amount of stake a node has…a lottery in effect. Every few days the lottery is carried out and then those nodes are allocated a slot (point in time) to add the next block with all the transactions which have just occured.
That is it in a nutshell….worth reading more into…or checking out my pluto website?! ;-)
