Bitcoin Forum

Other => Beginners & Help => Topic started by: Khilone7 on August 10, 2016, 07:58:11 AM



Title: PoS and Pow??
Post by: Khilone7 on August 10, 2016, 07:58:11 AM
As my rank tells you, I am a newbie.

The terms PoS and PoW are making me be like ->   ??? ???

Can someone explain those terms to me plain and simple?

Also what does staking mean and how can I do it?

Thanks in advance, someone.


Title: Re: PoS and Pow??
Post by: mocacinno on August 10, 2016, 08:03:10 AM
this one seems to be simple enough for a new user:
https://www.youtube.com/watch?annotation_id=annotation_207603943&feature=iv&src_vid=ASCGQFZgcT8&v=NqgzF63yNcU


Title: Re: PoS and Pow??
Post by: Khilone7 on August 10, 2016, 08:07:50 AM
Thank you very much :)!