You are viewing a single comment's thread from:

RE: Understanding Steemit : Learn About Steem Economy & Currencies Powered By The Steem Blockchain!

in #steemit7 years ago

Proof of Work means mining. It means energy consumption. Not environment friendly and heavy on energy. Expensive too.

Proof of Stake means having a stake (buy posessing coins). Coins are premined and bought rather than mined. It's energy efficient.

However, I am not an expert on the subject. Here's a post which will help you.

Coin Marketplace

STEEM 0.17
TRX 0.23
JST 0.032
BTC 97030.63
ETH 2729.99
USDT 1.00
SBD 2.95