Questions tagged [proof-of-work]

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How can I receive, earn or stake Cardano without buying it on an exchange first?

I'm interested in participating in the Cardano ecosystem, and I'm looking for ways to receive, earn or stake ADA without initially buying it on a cryptocurrency exchange. I understand that with ...
Drinkler's user avatar
  • 175
8 votes
3 answers

Where can I find formal work comparing PoS and PoW models?

For some time now I have been trying to find some clear and objective comparison of proof-of-stake (PoS) and proof-of-work-based (PoW) consensus protocols. Unfortunately, pretty much every comparison ...
kjo's user avatar
  • 249
12 votes
2 answers

Why is PoS much faster than PoW?

My understanding of the topic is this: Proof-of-Work Miners compete with their hashrate for the right to publish a block. Proof-of-Stake Validators are randomly elected to validate a block. Why is ...
Isaac Padberg's user avatar
10 votes
1 answer

How is new ADA created?

In a Proof-of-Work protocol, a certain amount of the blockchain's native coin is issued with the minting of a new block as a way to reward miners for their efforts and involvement in the network. As ...
desolate_mountain's user avatar
39 votes
3 answers

How Cardano is different from Ethereum (2.0)?

As far as I know, the Cardano project was started to cover issues/problems with Ethereum blockchain. Proof-of-work and governance are some of them. However, Ethereum 2.0 is promising to cover those ...
FelikZ's user avatar
  • 663