Multiple Choice
Proof of Work (PoW) vs. Proof of Stake.
A) PoW is computationally intensive which requires lots of energy. On the other hand, miners earn straightforward a reward for mining a block and incorporating transactions.
B) PoW is better than PoS, because with PoS we increase the amount of energy spent on the network.
C) PoS is mining with specialized new hardware that has to be purchased with a stack of Ether in the network. Hence the Name: Proof of Stake, which derives from Stack.
Correct Answer:
Verified
Correct Answer:
Verified
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