Proof Of Work Superior For Bitcoin

Proof Of Work Superior For Bitcoin

There have been numerous arguments surrounding each the proof-of-work (PoW) and proof-of-stake (PoS) as a way of gaining consensus on a blockchain community.

Many individuals have been asking themselves which one is best, and why? On this article, I am going to go over among the foremost advantages and disadvantages of every consensus mechanism.

Let’s dive in.

What Is Proof-Of-Work (PoW)?

Proof-of-work is a decentralized consensus mechanism first launched by Bitcoin (BTC). We’ll use the Bitcoin community for example to grasp the proof-of-work consensus mechanism.

Share This


Wordpress (0)
Disqus ( )