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Proof of Stake

What is proof of stake in blockchain technology? The proof of stake consensus model was proposed in 2012 in response to the substantial amount of electricity and energy required to mine a single block under the proof of work model.…

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Proof of Work

What is proof of work in blockchain technology? Proof of work is a consensus model in blockchain technology that requires miners to solve computationally difficult math problems in order to add new blocks onto the blockchain. These functions produce data…

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