Proof-of-Work Vs. Proof-of-Stake

Proof-of-Work Vs. Proof-of-Stake   Blockchain uses different consensus mechanisms to secure its network. To implement blockchain technology, these mechanisms must be implemented by the developers. The common mechanisms that are used are Proof of Work (PoW) and Proof of Stake (PoS). Both PoS and PoW mechanisms follow different sets of rules and requirements. Let’s understand …