Dario
Wed Jan 08 2025
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7 answers
1868
Does ETH use PoW or PoS?
I'm trying to understand whether Ethereum (ETH) currently uses the Proof of Work (PoW) consensus mechanism or if it has transitioned to Proof of Stake (PoS). This information is crucial for me to grasp the current state of Ethereum and its impact on energy consumption and network security.
Stardust
Sat Jan 04 2025
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6 answers
1065
Does ethereum use PoW or PoS?
I've heard that Ethereum has transitioned from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus mechanism, but I'm not entirely sure. Does Ethereum currently use PoW or PoS, and what are the implications of this transition?
Bianca
Thu Jan 02 2025
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6 answers
2110
Why is PoW better than PoS?
Users often debate the merits of two popular blockchain consensus mechanisms: Proof of Work (PoW) and Proof of Stake (PoS). Some argue that PoW is superior due to its strong security, decentralization, and proven track record in maintaining networks like Bitcoin. They emphasize that PoW's computational requirements provide robust protection against attacks and ensure the network's stability. Moreover, its openness allows anyone with sufficient computing resources to participate, enhancing decentralization. Conversely, critics of PoS point out its potential for centralization and question its ability to match PoW's security standards.
MountFujiVista
Thu Jan 02 2025
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6 answers
1549
Is PoW safer than PoS?
I am trying to understand the differences between Proof of Work (PoW) and Proof of Stake (PoS) consensus mechanisms, specifically in terms of security. I want to know if PoW is inherently safer than PoS.
HanRiverVision
Fri Dec 06 2024
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5 answers
952
How profitable is POS?
I'm interested in understanding the profitability of POS (Point of Sale) systems. I want to know how lucrative this business can be and whether it's a worthwhile investment.
