//Proof of Stake: Why It's Not a Valid Option for Cryptocurrency

Proof of Stake: Why It's Not a Valid Option for Cryptocurrency



Proof of Stake (PoS), it’s a mining algorithm popular with altcoins — the big one being Ethereum, which plans on switching to PoS from the “traditional” Proof of Work (PoW) setup it currently has. Many people believe Proof of Stake is better than the Proof of Work algorithm, made popular by Bitcoin.

Source: Proof of Stake: Why It’s Not a Valid Option for Cryptocurrency