Proof of Work vs Proof of Stake

in #bitcoin6 years ago

Useful infographic to clear up confusion about Proof of Work vs Proof of Stake.


Proof of Work vs Proof of Stake...png


Love a good infographic! Thankyou!
One thing i don't understand about POS is that - as far as i understand at least - each block still needs to have a unique hash associated with it. Is the computer that wins the right to create the new block required to figure out the unique hash for that block? Is that how it works, or am i way off?

Good question, but sry I dont have an exact answer.

All I know is that, PoS is virtual mining. The main thing that is different is, PoS based on just that, you stake.

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