Cryptocurrency Q&A Why is PoW better than PoS?

Why is PoW better than PoS?

Bianca Bianca Thu Jan 02 2025 | 6 answers 2110
Users often debate the merits of two popular blockchain consensus mechanisms: Proof of Work (PoW) and Proof of Stake (PoS). Some argue that PoW is superior due to its strong security, decentralization, and proven track record in maintaining networks like Bitcoin. They emphasize that PoW's computational requirements provide robust protection against attacks and ensure the network's stability. Moreover, its openness allows anyone with sufficient computing resources to participate, enhancing decentralization. Conversely, critics of PoS point out its potential for centralization and question its ability to match PoW's security standards. Why is PoW better than PoS?

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