Cryptocurrency Q&A Is Usdc a PoS or PoW?

Is Usdc a PoS or PoW?

Elena Fri Aug 30 2024 | 5 answers 1244

Could you please clarify whether USD Coin (USDC) operates on a Proof of Stake (PoS) or Proof of Work (PoW) consensus mechanism? I'm interested in understanding the underlying technology that supports this stablecoin and how it differs from other cryptocurrencies. Is there a specific reason why USDC chose this particular consensus model, and what are the advantages or disadvantages of using either PoS or PoW for a stablecoin like USDC? Thank you for your insights. Is Usdc a PoS or PoW?

Is Usdc a PoS or PoW?

usdc pos pow

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