Proof-of-Work vs Proof-of-Stake: Dilemma of the cryptocurrency’s world

What is Proof-of-Work?

What is a Proof-of-Stake?

So which mechanism is better?

PoS supporters

PoS Critics

  • Energy efficient
  • It does not require an expensive computing technique
  • Fast and cheap transactions
  • Less secure than Proof-of-Work
  • Validators with more coins have a significant impact on the transactions´ verification.
  • Being unable to dispose of coins at the time of staking and thus be less flexible in using coins.

Summary

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