Peercoin
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PPC · 61w

Question on POS

POW uses cpu's to solve the block. More cpu's means more difficulty which means more power. How do POS coins solve the block? I understand that the puzzle is significantly easier on POS because there's no competition. So does the amount of coins determine the probability of how frequent your wallet gets chosen? And does your wallet use your computer to solve the block? Or is there computational power in the coin itself?
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