Month: April 2018

Bitcoin - Blockchain - Cryptocurrency - ICO

Simplest Explanation - How ‘Proof of Stake’ is different than ‘Proof of Work’?

A post by Narayani Modi Both Proof of Work (PoW) and Proof of Stake (PoS) works on a trustless and distributed consensus system, meaning if you want to send and/or receive money (or any digital assets) from someone you don’t need to trust in third-party services (e.g. Visa, Mastercard, PayPal, banks). With Bitcoin and altcoins,…