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A way of agreeing on a blockchain's records in which validators lock up, or stake, their own coins instead of using computing power. It uses far less energy; Tezos uses it, and Ethereum switched to it in 2022.
For Tezos in particular, part of it was being quite interested in the differences between proof of work and proof of stake. The idea of enforcing the “reality” of the chain using either brute-force compute or the stake that people have in it is really interesting: that raw material versus social dichotomy.
Ryan Murdock, Ryan Murdock on Hacking AI