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0:51
expert
June 13, 2022
back to overview

what is the difference between proof of work and proof of stake?

Proof of Work (PoW) blockchains rely on mining to add new blocks to the blockchain to function. Proof of Stake (PoS) networks, however, add and validate new blocks through staking.

*The content hereby presented is for informational purposes only. Nothing of this content that is available to you shall be considered as financial, legal or tax advice. Please, keep in mind that trading cryptocurrencies pose a considerable risk of loss.

read full article

what is the difference between proof of work and proof of stake?

Proof of Work (PoW) blockchains rely on mining to add new blocks to the blockchain to function. Proof of Stake (PoS) networks, however, add and validate new blocks through staking.

*The content hereby presented is for informational purposes only. Nothing of this content that is available to you shall be considered as financial, legal or tax advice. Please, keep in mind that trading cryptocurrencies pose a considerable risk of loss.

read full article
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