Proof of Work vs Proof of Stake: What’s The Difference?

In proof of stake, however, the more coins you own, the greater your voting power. Critics argue this leads to a “the rich get richer” situation, resulting in a less decentralized system. In this system, holders of the cryptocurrency can choose to “stake” their coins. Coins that are staked are locked in this account and… Continue reading Proof of Work vs Proof of Stake: What’s The Difference?