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While PoW relies on mining and solving complex mathematical puzzles as an economic mechanism for consensus, PoS is based on a social framework where consensus is achieved through trust and ownership.
Dive into the objective principles of PoW and the subjective conventions of PoS and understand how they shape the blockchain landscape.
#blockchain #ProofOfWork #ProofOfStake #QuaiNetwork #crypto
#cryptocurrency #blockchain #proofofwork #ProofofStake
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Quai Network is a dynamic set of blockchains that are infinitely scalable with increasing demand. The use of a unique multi-chain architecture propels Quai Network into the future and establishes Quai Network as the fastest AND most secure blockchain on the planet.
Quai Network is the only decentralized blockchain that is scalable for global trade. Through a novel combination of unified mining and sharding known as Proof-of-Work 2.0, Quai secures a highly decentralized and low-cost Layer 1 network.
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