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Downsides of Proof-of-Work and Proof-of-Stake, explained

September 14, 2022 by DIGIT

Not all consensus mechanisms are born equal — and the differences between major blockchains can have a huge effect on gas fees and transaction speeds. Go to Source Powered by WPeMatico

Categories Blockchain, Eurus, gas fees, nodes, PPoC, Proof of Work, Proof-of-Stake, Transactions


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$104,531.00-3.87%
  • ethereumEthereum(ETH)$2,515.99-5.17%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.16-6.45%
  • binancecoinBNB(BNB)$647.21-1.71%
  • solanaSolana(SOL)$147.52-6.03%
  • usd-coinUSDC(USDC)$1.000.01%
  • tronTRON(TRX)$0.272641-2.63%
  • dogecoinDogecoin(DOGE)$0.169629-5.64%
  • staked-etherLido Staked Ether(STETH)$2,514.99-5.21%
  • bitcoinBitcoin(BTC)$104,531.00-3.87%
  • ethereumEthereum(ETH)$2,515.99-5.17%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.16-6.45%
  • binancecoinBNB(BNB)$647.21-1.71%
  • solanaSolana(SOL)$147.52-6.03%
  • usd-coinUSDC(USDC)$1.000.01%
  • tronTRON(TRX)$0.272641-2.63%
  • dogecoinDogecoin(DOGE)$0.169629-5.64%
  • staked-etherLido Staked Ether(STETH)$2,514.99-5.21%
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  • bitcoinBitcoin(BTC)$104,531.00-3.87%
  • ethereumEthereum(ETH)$2,515.99-5.17%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.16-6.45%
  • binancecoinBNB(BNB)$647.21-1.71%
  • solanaSolana(SOL)$147.52-6.03%
  • usd-coinUSDC(USDC)$1.000.01%
  • tronTRON(TRX)$0.272641-2.63%
  • dogecoinDogecoin(DOGE)$0.169629-5.64%
  • staked-etherLido Staked Ether(STETH)$2,514.99-5.21%
  • bitcoinBitcoin(BTC)$104,531.00-3.87%
  • ethereumEthereum(ETH)$2,515.99-5.17%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.16-6.45%
  • binancecoinBNB(BNB)$647.21-1.71%
  • solanaSolana(SOL)$147.52-6.03%
  • usd-coinUSDC(USDC)$1.000.01%
  • tronTRON(TRX)$0.272641-2.63%
  • dogecoinDogecoin(DOGE)$0.169629-5.64%
  • staked-etherLido Staked Ether(STETH)$2,514.99-5.21%