Proof of Work Vs
Proof of Stake
Proof of Work
Vs
Proof of Stake
POW:
Miner is selected on the basis of their ability to
solve difficult computational puzzles
.
POW Vs POS
POS:
No competition as miners is selected by the algorithm based on
coins staked
.
POW:
The initial investment to buy
hardware
.
POW Vs POS
POS:
The initial investment to buy the
stake
.
POW:
High Energy
Consumption.
POW Vs POS
POS:
More
Energy Efficient
.
POW:
Hackers would need to have
51% of computation power
to add malicious blocks.
POW Vs POS
POS:
Hackers would need to own
51% of all cryptocurrency
on the network.
POW:
Specialized equipment
to optimize processing power.
POW Vs POS
POS:
Standard server-grade
unit is more than enough.
POW:
Eg. Bitcoin, Ethereum, etc
POW Vs POS
POS:
Eg. Cardano, Solana, etc
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