#Decentralization

Proof-of-stake vs. proof-of-work: Pros, cons, and differences explained

Proof-of-Stake vs Proof-of-Work

Pros, cons, and differences explained ๐Ÿš€๐Ÿ’ป๐Ÿ” Are you curious about the different types of consensus mechanisms used in blockchain networks? In this article, I will explore the two most common consensus mechanisms, proof-of-work (PoW) and proof-of-stake (PoS), their pros and cons, and their differences. What is proof-of-work? โš’๏ธ๐Ÿ”จ Proof-of-work is a consensus mechanism used in

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