Cryptocurrency Q&A Is Cardano proof-of-work?

Is Cardano proof-of-work?

Stefano Stefano Fri Dec 06 2024 | 6 answers 1654
I'm wondering if Cardano uses the proof-of-work mechanism. I know some cryptocurrencies adopt this method to validate transactions and create new blocks, but I'm not sure about Cardano. Is Cardano proof-of-work?

6 answers

Andrea Andrea Sun Dec 08 2024
Cardano stands out in terms of energy efficiency.

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Eleonora Eleonora Sun Dec 08 2024
It operates on a proof-of-stake blockchain mechanism.

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HanRiverVisionary HanRiverVisionary Sun Dec 08 2024
This differs significantly from proof-of-work blockchains.

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SolitudeSeeker SolitudeSeeker Sat Dec 07 2024
Proof-of-work blockchains are known for their high energy consumption.

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Lorenzo Lorenzo Sat Dec 07 2024
Cardano, on the other hand, requires much less energy.

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