Author

Topic: Proof of stake vs Proof of work, (Read 310 times)

legendary
Activity: 1176
Merit: 1001
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September 20, 2017, 02:27:44 PM
#8
There's too many coins to name lol.
Proof of work = generating blocks through gpu/asic hashing
Proof of stake= generating blocks through staking coins on the network
That's pretty much what it is. The concept is really easy to grasp when you get the idea of Cryptocurrency.
newbie
Activity: 22
Merit: 0
September 20, 2017, 02:26:41 PM
#7
PoW is unsustainable in long term, so eventually all main coins will have to switch to PoS or some other method that doesn't consume gigawatts of electricity globally.
full member
Activity: 392
Merit: 102
September 20, 2017, 02:03:05 PM
#6
short and precise explanation thx alot
 

Jeez... Google please.  Took me 5-seconds: https://blockgeeks.com/guides/proof-of-work-vs-proof-of-stake/

sr. member
Activity: 316
Merit: 250
September 20, 2017, 01:53:03 PM
#5
There are differences and there are cons and pros. Proof of Stake is better. I recommend you to watch this video : https://www.youtube.com/watch?v=5x1X_mdo2mY It's explained well.
full member
Activity: 2520
Merit: 204
September 20, 2017, 09:59:46 AM
#4
There's too many coins to name lol.
Proof of work = generating blocks through gpu/asic hashing
Proof of stake= generating blocks through staking coins on the network

i can't understand what is the point of the question ( proof of stake vs proof work) correct me if i'm wrong in the bounty campaign or signature campaign the payment of the campaign made from the stake, working in the campaign thats the proof of work to get stake as payment.
newbie
Activity: 7
Merit: 0
September 20, 2017, 09:48:38 AM
#3
short and precise explanation thx alot
 
full member
Activity: 364
Merit: 102
September 20, 2017, 09:43:50 AM
#2
There's too many coins to name lol.
Proof of work = generating blocks through gpu/asic hashing
Proof of stake= generating blocks through staking coins on the network
newbie
Activity: 7
Merit: 0
September 20, 2017, 09:34:16 AM
#1
can anyone from the experts in the field explain to us newbies how that can make a big difference in the future.
and which coins uses which proof.
 
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