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Whatis the fundamental difference between Proof of Work (PoW) and Proof of Stake(PoS)?
What
is the fundamental difference between Proof of Work (PoW) and Proof of Stake
(PoS)?
PoSrequires miners to solve mathematical puzzles
PoS
requires miners to solve mathematical puzzles
PoWis cheaper to operate than PoS
PoW
is cheaper to operate than PoS
PoSconsumes more energy than PoW
consumes more energy than PoW
PoWrelies on mining, while PoS selects validators based on stake ownership
relies on mining, while PoS selects validators based on stake ownership
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