Bitcoin Forum
July 18, 2024, 11:23:01 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Proof of stake vs Proof of work,  (Read 294 times)
harnacrypto (OP)
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
September 20, 2017, 02:34:16 PM
 #1

can anyone from the experts in the field explain to us newbies how that can make a big difference in the future.
and which coins uses which proof.
 
Warren Buffert
Full Member
***
Offline Offline

Activity: 364
Merit: 102


View Profile
September 20, 2017, 02:43:50 PM
 #2

There's too many coins to name lol.
Proof of work = generating blocks through gpu/asic hashing
Proof of stake= generating blocks through staking coins on the network
harnacrypto (OP)
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
September 20, 2017, 02:48:38 PM
 #3

short and precise explanation thx alot
 
rodskee
Full Member
***
Offline Offline

Activity: 2436
Merit: 204


★Bitvest.io★ Play Plinko or Invest!


View Profile
September 20, 2017, 02:59:46 PM
 #4

There's too many coins to name lol.
Proof of work = generating blocks through gpu/asic hashing
Proof of stake= generating blocks through staking coins on the network

i can't understand what is the point of the question ( proof of stake vs proof work) correct me if i'm wrong in the bounty campaign or signature campaign the payment of the campaign made from the stake, working in the campaign thats the proof of work to get stake as payment.

LiGuBi
Sr. Member
****
Offline Offline

Activity: 316
Merit: 250


View Profile WWW
September 20, 2017, 06:53:03 PM
 #5

There are differences and there are cons and pros. Proof of Stake is better. I recommend you to watch this video : https://www.youtube.com/watch?v=5x1X_mdo2mY It's explained well.
sylance
Full Member
***
Offline Offline

Activity: 392
Merit: 102



View Profile
September 20, 2017, 07:03:05 PM
 #6

short and precise explanation thx alot
 

Jeez... Google please.  Took me 5-seconds: https://blockgeeks.com/guides/proof-of-work-vs-proof-of-stake/


DeepOnion    ▬▬  Anonymous and Untraceable  ▬▬    ENJOY YOUR PRIVACY  •  JOIN DEEPONION
▐▐▐▐▐▐▐▐   ANN  Whitepaper  Facebook  Twitter  Telegram  Discord    ▌▌▌▌▌▌▌▌
Get $ONION  (✔Cryptopia  ✔KuCoin)  |  VoteCentral  Register NOW!  |  Download DeepOnion
CryptoSerenity
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
September 20, 2017, 07:26:41 PM
 #7

PoW is unsustainable in long term, so eventually all main coins will have to switch to PoS or some other method that doesn't consume gigawatts of electricity globally.
stripykitteh
Legendary
*
Offline Offline

Activity: 1176
Merit: 1001

CryptoTalk.Org - Get Paid for every Post!


View Profile
September 20, 2017, 07:27:44 PM
 #8

There's too many coins to name lol.
Proof of work = generating blocks through gpu/asic hashing
Proof of stake= generating blocks through staking coins on the network
That's pretty much what it is. The concept is really easy to grasp when you get the idea of Cryptocurrency.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!