What is Forging?
Forging meaning and Forging definiton
Forging refers to the creation or minting of new blocks in blockchain protocols using the Proof-of-Stake (PoS) consensus algorithm. When a new block is forged, there is an opportunity to receive a reward from the fees associated with each transaction included in the block. Blocks are forged after the transactions are validated and the block is signed. Different PoS networks have varying rules regarding their respective requirements to take part in the validation and forging process.