Apr 24, 2020 0
Staking: Pros and Cons of Proof of Stake (PoS) as a Passive Income Tool

All cryptocurrency assets can be divided into 2 types based on their operating principle: Proof of Work (PoW) and Proof of Stake (PoS). The concept of Proof of Stake (PoS) involves a type of mining, where instead of the computing power of the participants, you just need to store crypto assets in your...

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Apr 20, 2020 0
Proof of Work Explained: Pros and Cons of PoW

Consensus algorithms are an inherent part of all blockchain-based technologies as there is no authority unit supposed to validate the network's transactions. Consensus algorithms are here to provide the decentralized trouble proof functioning of the network. We can't underestimate the significance of...

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