
Proof-of-stake vs. Proof-of-work: Key Differences
Proof-of-stake and Proof-of-work are two terms that are integral to the world of cryptocurrencies. These are two different concepts that are essential to crypto transactions and security. They lie at the core of blockchain technology and how it operates. Both Proof-of-Stake (PoS) and Proof-of-Work (PoW) are consensus mechanisms. Although they operate in different ways, both ensure that the users are honest and maintain transparency. They … Continue reading Proof-of-stake vs. Proof-of-work: Key Differences