What Is Effective Proof-of-Stake?
This gets a bit technical, but here's the gist. Proof-of-stake is a way to secure blockchain networks. Effective Proof-of-Stake is a variation used by the Harmony blockchain. It's like a democratic system where people with more "skin in the game" (owning more tokens) have more influence in validating transactions, but it's also designed to be secure and prevent fraud.