Hello friends, today I want to talk to you about two important concepts in the world of cryptocurrencies: proof of work and proof of stake. I'll explain what these concepts are, how they work, their advantages and disadvantages, and a bit about their future. Let's get started.



What's Proof of Work (PoW)? 😋

PoW is a consensus mechanism used in blockchains to verify and add transactions to the distributed ledger. PoW was initially introduced as a solution to prevent cyberattacks, but today it is best known as the consensus mechanism of blockchains like Bitcoin and Ethereum (before Ethereum 2.0).
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WORK9,18%
LL-0,97%
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