What’s the difference between Proof of Work and PoS? No need to panic—the class rep is here with the answer:
Ethereum completed “The Merge” in September 2022, switching from Proof of Work to Proof of Stake (PoS).
Proof of Work protects the ledger by requiring real computational power: to alter historical records, you’d need to control most of the network’s computing power, which would be extremely costly.
The first page of my trading notes says: understand it first, then place your order.
$BTC 83610.01(-0.061%)
#BTC
Ethereum completed “The Merge” in September 2022, switching from Proof of Work to Proof of Stake (PoS).
Proof of Work protects the ledger by requiring real computational power: to alter historical records, you’d need to control most of the network’s computing power, which would be extremely costly.
The first page of my trading notes says: understand it first, then place your order.
$BTC 83610.01(-0.061%)
#BTC