Blockchain consensus mechanism

  • PoW is neutral, no cryptocurrency investment required;
  • PoW has been running for many years, it is a tested and validated model, proving secure for ages;
  • It is implemented much more easily;
  • PoW uses a lot of energy, which generates discussions regarding the environment;
  • Needs a large initial investment in equipment;
  • You can create conglomerates of mining companies, which can affect decentralization;
  • PoS is easy to create a group of participants without large investments;
  • PoS is much more decentralized by allowing more participants within the network;
  • It requires much less electricity to run, thus closing the issue created about the environment;
  • It is a newer method, therefore less tested, and can cause insecurity for users;

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Uniera

Uniera

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Uniera operates as crypto exchange and venture capital firm that supports early-stage projects. www.uniera.io