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

in #steemit6 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.