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Proof-of-time vs proof-of-stake: How the two algorithms compare

July 23, 2022 by DIGIT
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Blockchains use consensus algorithms to choose who gets to verify transactions on the network — what are the differences between the two?

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  • bitcoinBitcoin(BTC)$104,751.00-2.25%
  • ethereumEthereum(ETH)$3,859.77-3.78%
  • rippleXRP(XRP)$2.55-5.73%
  • tetherTether(USDT)$1.00-0.19%
  • binancecoinBNB(BNB)$715.19-1.26%
  • solanaSolana(SOL)$216.48-4.57%
  • dogecoinDogecoin(DOGE)$0.385268-5.29%
  • usd-coinUSDC(USDC)$1.00-0.15%
  • staked-etherLido Staked Ether(STETH)$3,851.22-3.69%
  • cardanoCardano(ADA)$1.03-6.77%
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  • bitcoinBitcoin(BTC)$104,751.00-2.25%
  • ethereumEthereum(ETH)$3,859.77-3.78%
  • rippleXRP(XRP)$2.55-5.73%
  • tetherTether(USDT)$1.00-0.19%
  • binancecoinBNB(BNB)$715.19-1.26%
  • solanaSolana(SOL)$216.48-4.57%
  • dogecoinDogecoin(DOGE)$0.385268-5.29%
  • usd-coinUSDC(USDC)$1.00-0.15%
  • staked-etherLido Staked Ether(STETH)$3,851.22-3.69%
  • cardanoCardano(ADA)$1.03-6.77%