Proof of Work VS Proof of Stake

04.08.2022

PoW (Proof of Work) is a method of proof of work.

PoS (Proof of Stake) is a method of proof of ownership.

The main difference between these protocols is power consumption.

PoW requires a huge amount of electricity and the constant purchase of powerful mining equipment.

Manners need to sell their coins to pay bills in order to eventually make a profit.

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