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RE: Proof Of Work versus Proof Of Stake
Thanks for writing this, helped me learned a little bit more about POS and POW! I been hearing POS is a better system overall but I really still don't understand enough!
I didn't understand POS as well in the beginning, but it proved to be much easier to understand than POW. It's like proving you have a share in a company, at its simplest level.
Yeah, I just know the basic aspect of it; Instead of hashing out algorithms (that waste processing power) being solved with POW, POS focuses on your "stake" that you have invested in the crypto world!