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May 2023 – Azad Compay

Proof-of-stake Vs Proof-of-work Pos Vs Pow: Key Variations

Instead of competing with one another, validators in proof-of-stake stake their cryptos, and an algorithm randomly selects a validator. The extra crypto you stake, the higher your possibilities of being chosen. Earlier, proof-of-work was an appealing idea as a result of individuals simply wanted an odd computer to mine cash.…