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State difference between proof-of-work & proof-of-stake?



State difference between proof-of-work & proof-of-stake?..

Answer / Rahul Sharma

Proof-of-Work (PoW) and Proof-of-Stake (PoS) are different consensus mechanisms used in blockchain networks. PoW, as used by Bitcoin, requires miners to solve complex mathematical problems to validate transactions and add new blocks. In contrast, PoS relies on 'validators' who must stake or lock a certain amount of cryptocurrency to participate in the validation process.

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