Proof of Work vs Proof of Stake

Different consensus mechanisms secure blockchain networks.

New Advancements

Technologies like Proof of History and DAGs are emerging.

What is Consensus?

It ensures all nodes agree on the blockchain state.

Proof of Work (PoW)

Miners solve puzzles to validate transactions.

Proof of Stake (PoS)

Validators stake coins to secure the network.

Delegated Proof of Stake

Token holders vote for validators.

Proof of Authority

Trusted nodes validate transactions.

Proof of History

Timestamps enhance transaction ordering.

Directed Acyclic Graphs (DAGs)

DAGs offer parallel transaction processing.

Future Trends

Hybrid mechanisms may balance efficiency and security.