Proof of Stake vs Proof of Work: Which is better? (PoS vs PoW)

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With the recent buzz 👾around the Ethereum Merge it’s most likely that you would have already come across words like consensus mechanism, proof-of-work, and proof-of-stake.🧠

But what is the meaning of these complicated words?😕 Well,

Proof of stake(PoS) and Proof of work(PoW) are the two most important and popular consensus mechanisms used by crypto projects✅. The number 1 crypto of the world,🦸 Bitcoin uses the Proof of Work consensus mechanism ever since it was launched in 2009.

Interesting Fact Check🤓: Bitcoin PoW worked just as well when BTC price was at $1 as it did when it reached above $60,000🤯. So we can say Proof of Work works pretty well.💪

#blockchain #crypto #consensus #ethereum

Now Ethereum which is running🏃‍♀️ on Proof of Work lacked in certain segments like scalability and power consumption. Therefore, a new version of the Ethereum crypto asset was introduced to the world, Ethereum 2.0. The vision of ETH2.0/ETH2 is to make Ethereum more scalable, secure, and sustainable.💚

🚀Enters the biggest crypto upgrade of the year 2022, Ethereum Merge!😎 Ethereum Merge is a transition of the consensus mechanism from PoS to PoW which eliminates the need for energy intensive mining and makes the blockchain more energy efficient.🌟 #ReadytoEmerge

Interesting Fact Check🤓:This transition from PoW to PoS would bring about a 99.95% drop😲 in the consumption of energy that we see in Ethereum today. So is Proof of stake better than Proof of Work?

Okay now let’s not deep dive into the topic of PoS vs PoW in the description⚡, go watch this video till the end📹 to get a clear understanding on these consensus mechanisms along with a detailed comparative analysis of Proof of Work vs Proof of Stake!⚔️

Happy Researching!😊

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apko sunker maja bhi aya or clear bhi so sweet of u

Hindicartoonmoralstory
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Thanks for sharing! I need advice: My OKX wallet holds some Tether, and I know the seedphrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. What’s the best way to handle moving them to another wallet on Binance?

austinhensley
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Thanks for posting! I need advice: My Tron Wallet has some TRX 20 USDT, and I possess the backup phrase: -clean- -party- -soccer- -advance- -audit- -clean- -evil- -finish -tonight- -involve- -whip- -action-. What’s the best way to handle transferring them to Coinbase Exchange?

JoseCarter-kz
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Ma'am aap information authentic dete hain, lekin please hindi bolye, English uper se nikal jata hai. Tab dekhna views double ho jayega

mdtahirjh
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We need a video on delegated proof of stake 😊

Md_sadiq_Md
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बहुत clear जानकारी दी गई वाह बहुत बढ़िया है

amitsahay
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4:21 pow is bias?
In pos people who hold 10% of the total tokens can validate and therefore have more power over those who hold less, meaning if someone has more monies he can get more bags and as a result will have more say in the matter.
I wasted my time listening to you.

agen
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Please madam Hindi Ko 10% se badhakar 80% kardo😢

mubarakkundawala
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The 2 sides of this upgrade will be, 1. Ethereum technology use will widespread. 2. But eth as a coin will probably crash since miners who used to put all their machines into work will no more be incentivised. Just a theory. let's see what happens 🔥

AbhishekPathak
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I will not vote for BJP in 2024 due to 30% tax on crypto

KhanAtheist
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Tumhari jaisi gf k liye kya krna prega?😊

cheaptravelswithrb
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Why no future trading? Why no stop loss .. why no limit in coin dcx.. ekdum thirdclass app hai

believeitorleaveit
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madam pow aur pos ko aur detailed knowledge le phr vedio banaye

puneetmaurya
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ही हिंदी में बताने में शर्म आती है क्या

dineshkumardinesh
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Great knowledge Riya appreciate for Coindcx

PratapDewangan
welcome to shbcf.ru