Cryptocurrency Mining

Cryptocurrency Mining: Proof Of Work Vs. Proof Of Stake

Proof of Work (PoW) and Proof of Stake (PoS) are the most used methods for securing blockchain networks. PoW employs computing power to solve cryptographic puzzles. In contrast, PoS uses a form of virtual mining to achieve the same goal. This article explains why Proof-of-Work (PoW) has become the preferred consensus algorithm for Bitcoin payments  …

Cryptocurrency Mining: Proof Of Work Vs. Proof Of Stake Read More ยป