Proof-of-Work (PoW) vs Proof-of-Stake (PoS)
Proof-of-Work (PoW) is a mechanism Bitcoin uses to regulate the creation of blocks and the state of the blockchain. Proof-of-Stake (PoS) is an alternative consensus mechanism which delegates control of the network to owners of the token. Proof-of-Stake is presented as an improvement over Proof-of-Work because it does not require hardware or energy consumption. Proof-of-Stake…
