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Topic: Ethereum : proof of Work and proof of stake : explain to me please like I'm a 6 (Read 290 times)

newbie
Activity: 11
Merit: 0
Hey guys,

I am having a really hard time understanding Ethereum proof of work and proof of stake. Can someone help me understand it? I have hunted online but the language gets super smart pants. And I still do not understand it.

Why is it important?
Does it limit Ethereum production?
Price impact?

Etc.

Thanks!
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