Proof of Stake with Essentia @SirajRaval
Proof of Stake with Essentia  @SirajRaval
Uploaded May 2021 | Updated September 2026, 2 weeks ago
Essentia is a masternode powered blockchain that enables interoperability and cross-chain transactions. It is an ‘all-in-one platform’ that manages all things crypto. With Essentia users can: trade, swap, and add liquidity. It is integrated with L2 transactions via zk-SNARKs sdk and Starkware. Essentia is designed to be Simple. Secure. and Decentralized. In this video, I'll demo how Essentia works & demo a proof of stake script in Python to help explain the concept of this popular consensus algorithm. It's how Essentia is able to let users exchange coins peer to peer without needing a centralized middleman.

Essentia link:
https://essentia.one/​

EltNEG's code repository (proof of stake code example, 300 lines vs 100 in the video):
github.com/eltNEG/proof_of_stake/blob/master/pos.py

This is a sponsored video, thanks Essentia for sponsoring! Relevant links below
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Recent listing on Gate.io twitter.com/gate_io/status/1376061250132672514?s=20
Next Listing will be Kucoin

Here is the staking options with Essentia:
twitter.com/Essentia_One/status/1369571595556098049?s=20

Stake 100k $ess for a Mercury Node. Current APY 33.79%
Stake 300k $ess Mars Node. Current APY 33.79%
Stake Proof of Stake 10k $ess above till any amount. Current APY 37.06% There will never be a Server fee.

The Apy is almost the same see https://blockexplorer.essentia.one/masternodes for more info

Essentia will refund the gas fees and the server. See conditions here twitter.com/Essentia_One/status/1375443614189428738?s=20

Join Essentia.one Telegram Group - https://t.me/essentia_one​
Follow Essentia on Twitter - twitter.com/Essentia_One​

Thanks for watching! Credit for all software demonstrated in this video go to the Essentia team, the Ethereum foundation, and EltNEG.

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Proof of Stake with Essentia

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