Proof of Work vs. Proof of Stake, According to Nate Martin

Image from Diffcoin

Nate Martin, a video expert and the presenter of 99 Bitcoins explained the difference between proof of stake and proof of work in a YouTube video.

Proof of Work

Mining’s technical term is “proof of work” because by displaying the right solution, miners prove that they’ve put in a lot of work, as there is no other way to get to the…

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