Cryptocurrency Q&A Is MATIC a PoS or PoW?

Is MATIC a PoS or PoW?

Dario Sat Oct 05 2024 | 5 answers 1541

Can you clarify for me the consensus mechanism utilized by the MATIC network? Is it based on Proof of Stake (PoS) or Proof of Work (PoW)? Understanding the difference between these two mechanisms is crucial for evaluating the energy efficiency, scalability, and decentralization level of a blockchain protocol. Please provide a concise yet informative explanation that outlines the fundamental aspects of each method and highlights the choice made by the MATIC blockchain. Is MATIC a PoS or PoW?

Is MATIC a PoS or PoW?

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