Crypto 101 📚 PoW and PoS
Ethereum switched from Proof of Work to Proof of Stake (PoS) through “The Merge” in September 2022.
Bitcoin produces one block every 10 minutes on average, and mining difficulty is adjusted every 2016 blocks.
Learning this won’t make me money right away, but it can help me avoid a few basic mistakes.
Related coin: $BTC Current price: 74246.29, 24h: +1.79%.
Ethereum switched from Proof of Work to Proof of Stake (PoS) through “The Merge” in September 2022.
Bitcoin produces one block every 10 minutes on average, and mining difficulty is adjusted every 2016 blocks.
Learning this won’t make me money right away, but it can help me avoid a few basic mistakes.
Related coin: $BTC Current price: 74246.29, 24h: +1.79%.