Qtum_Foundation

#ProofOfStake (PoS) is a better option than #ProofOfWork (PoW). Keep reading if you wish to know why. 👀👇

In Proof of Work (#PoW), miners compete for rewards by consuming vast amounts of energy. In Proof of Stake (#PoS), validators are chosen based on their staked #cryptocurrency, eliminating the need for energy-intensive competition. Simplicity and efficiency are prioritized.

Unlike #ProofOfWork, where complex hashes are used, #ProofOfStake uses kernel hashes based on block data. It is a predictable and secure way to validate #transactions.

#UTXOs building blocks of your #crypto wallet. In #PoS, these are what you stake. More #UTXOs locked in, higher chances of validating a block. It's about holding, not mining.

#PoS participants stake coins and validate blocks, earning rewards. Malicious behavior risks losing staked coins, ensuring #network security. It's eco-friendly, accessible, and rewards commitment.

If you are a #developer and wish you'd known these facts earlier, we got you. Read deeper into #Qtum's PoS here:

  medium.com/@Qtum/proof-of-stak...