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Crypto can be broadly divided as proof of work and proof of stake. There are the criticisms surrounding the energy consumption of proof-of-work (PoW) consensus mechanisms, this making proof-of-stake (PoS) more valuable?
I would not be able to say that proof of stake coins are much better, because in my opinion, the mechanism of their extraction does not affect their value in any way. My main token for comparison is Ethereum because they changed the type of mining of their tokens from Proof of Work to Proof of StakeRead more
I would not be able to say that proof of stake coins are much better, because in my opinion, the mechanism of their extraction does not affect their value in any way. My main token for comparison is Ethereum because they changed the type of mining of their tokens from Proof of Work to Proof of Stake and this did not change anything in their value. They may have done better for their network, but it has no effect on the average coin holder
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