Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Dtalkpodcast on March 17, 2018, 08:19:34 PM



Title: Best explaination of Proof of work vs Proof of stake
Post by: Dtalkpodcast on March 17, 2018, 08:19:34 PM
We are relatively new to Crypto(summer 2017) but we want some confirmation from the forum that we are making the simplest charactization of proof of work, because it seems like it’s a simple concept but people vary widely about what they think it exactally entails.

https://www.spreaker.com/episode/14277943

We just don’t want to put more confusion into the space.  Let us know if this all makes since please.


Title: Re: Best explaination of Proof of work vs Proof of stake
Post by: dreamteam17 on March 18, 2018, 07:49:28 PM
We are relatively new to Crypto(summer 2017) but we want some confirmation from the forum that we are making the simplest charactization of proof of work, because it seems like it’s a simple concept but people vary widely about what they think it exactally entails.

https://www.spreaker.com/episode/14277943

We just don’t want to put more confusion into the space.  Let us know if this all makes since please.
I do not quite understand your post, but I will say if you are newcomers, you need to study everything in detail and everywhere to be like a fish in the water!


Title: Re: Best explaination of Proof of work vs Proof of stake
Post by: yesyoupump on May 22, 2018, 12:48:08 PM
Followinf specific explaination of Eleonora, principally POW is a mining system that need high calculation power and therefore high energy consumption; POS allow everyone mining keeping coins in own wallet or powering on them.


Title: Re: Best explaination of Proof of work vs Proof of stake
Post by: Taofeeq01 on May 22, 2018, 12:49:12 PM
Nice work in here