Why Proof-Of-Work Is A Superior Consensus Mechanism For Bitcoin

There have been numerous arguments surrounding each the proof-of-work (PoW) and proof-of-stake (PoS) as a method of gaining consensus on a blockchain community.

Many folks have been asking themselves which one is healthier, and why? In this text, I’ll go over among the principal advantages and downsides of every consensus mechanism.

Let’s dive in.

What Is Proof-Of-Work (PoW)?

Proof-of-work is a decentralized consensus mechanism first launched by Bitcoin (BTC). We will use the Bitcoin community for instance to know the proof-of-work consensus mechanism.


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