BitcoinStake is an alternative to bitcoin legacy that uses delegated proof of stake instead of proof of work as its consensus algorithm. The system is introduced by the hard forking of the bitcoin platform. One of the main advantages of BitcoinStake is that it is faster and more scalable solution. It can handle approximately 100,000 transactions per second. In its turn, blocks will confirm these transactions in around three seconds. Another huge plus is that BitcoinStake uses well tested technologies which provides higher security and reliability to any user.
