Proof of Stake Vs. Proof of Work: Which One Is ‘Fairer’?

Cointelegraph

Published Mar 31, 2020 08:55PM ET

Updated Mar 31, 2020 10:40PM ET

This is the first of two articles providing a deeper dive into the eternal debate between the Proof of Stake (PoS) and Proof of Work (PoW) consensus algorithms. This part will focus on the basics, while also discussing the issue of wealth concentration and inequality, which is often at the center of any community argument.

Bitcoin (BTC) and many of the original cryptocurrencies were born as pure PoW systems.

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