LogoLogo
  • Digital Assets Knowledge Portal
  • Purpose (Why)
    • Decentralization
      • The meaning of decentralization
      • Why decentralization matters
      • Quantifying decentralization
      • Fat protocols / Thin applications
    • Trustless
      • What do we mean by “blockchains are trustless”?
      • Hackernoon understand trustless blockchain
      • Trustless blockchains and non-custodial wallets
      • Is Bitcoin really triple-entry accounting?
    • Consensus
      • Understanding distributed consensus
      • Byzantine fault tolerance and blockchain
      • PoW vs PoS
    • Privacy
      • The case for privacy
      • A cypherpunk's manifesto
  • Applications (How)
    • Payments
      • Crypto’s evolution to a medium of exchange
      • Bitcoin’s lightning network primer
    • DeFi
      • A beginner's guide to DeFi
      • The definitive guide to DeFi
      • DeFi infrastructure 101
    • Yield Farming
      • Yield farming for serious people
      • Inside Yield Farming
      • The true sources of DeFi yield
    • Liquidity Pools (AMM)
      • AMMs deep-dive
      • What explains the rise of AMMs?
      • Angle explains: automated market makers
    • Lending
      • Decentralized lending: an overview
      • Lending and borrowing in DeFi explained
    • Staking
      • The investor’s guide to staking
      • Liquid staking with Lido
      • Liquid staking primer
    • Risk Management
      • A primer on DeFi’s risks
      • Miscalculating your impermanent loss
      • DeFi insurance
      • Hedging against impermanent loss
    • Tokenomics
      • Why I have changed my mind on tokens
      • Value of the token model
      • Understanding token velocity
    • Governance
      • Blockchain governance: Programming our future
      • Do veTokens deliver on their promise?
      • First principles of crypto governance
      • Moving beyond coin voting governance
  • Products (What)
    • Bitcoin (BTC)
      • Bitcoin: A peer-to-peer electronic cash system
      • Blockchain inside out: How Bitcoin works
      • Bitcoin for the open-minded skeptic
      • The case for a small allocation to Bitcoin
      • The bullish case for Bitcoin
      • Bitcoin's academic pedigree
      • Bitcoin: addressing misconceptions
      • Bitcoin mining and the environment
    • Ethereum (ETH)
      • Ethereum whitepaper
      • Getting up to speed on Ethereum
      • How Ethereum and smart contracts work
      • Ethereum is the forefront of digital currency
      • On staking pools and staking derivatives
    • Layer 1 (other)
      • Layer-1 platforms: a framework for comparison
      • The AMM test: a true look at L1 performance
    • Layer 2 (scaling)
      • Layer-2 for beginners
      • Making sense of rollups
      • Optimistic rollups vs ZK rollups
      • An incomplete guide to rollups
      • The complete guide to rollups
      • Overview on ZK Rollups and zkEVM
    • Stablecoins
      • Stablecoin primer intro
        • Stablecoin primer - Pt 1
        • Stablecoin primer - Pt 2
        • Stablecoin primer - Pt 3
        • Stablecoin primer - Pt 4
      • An overview of stablecoins
      • Chasing stability - a stablecoin deep dive
      • Stablecoins: designing a price-stable cryptocurrency
      • A deep dive into algorithmic stablecoins
    • CBDC
      • CBDCs: an opportunity for the monetary system
      • Central bank digital currency (CBDC) 101- A primer
    • Derivatives
      • Ramblings on DeFi derivatives
      • An explanation of DeFi options vaults (DOVs)
      • What are perpetual swaps?
    • NFT
      • A beginner's guide to NFTs
      • All digital content is going on-chain
      • Evaluating NFT financialization methods
    • Infrastructure
      • Peeking under the hood
      • Price oracle
      • Blockchain bridges
    • Metaverse
      • The Future of (Crypto) Gaming
  • Resources
    • Research
    • Tools & Analytics
    • Video
    • Podcasts
    • Newsletters
    • Institutional
    • Github
    • Telegram
Powered by GitBook
On this page
Export as PDF
  1. Purpose (Why)
  2. Consensus

PoW vs PoS

PreviousByzantine fault tolerance and blockchainNextPrivacy

Last updated 2 years ago

https://medium.com/loom-network/understanding-blockchain-fundamentals-part-2-proof-of-work-proof-of-stake-b6ae907c7edb