Explain how the proof of stake consensus mechanism works

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Question a) Explain how the Proof of Stake (PoS) consensus mechanism works by contrasting its functioning with the Proof of Work (PoW) consensus mechanism.

Question b) State and describe three disadvantages of the PoW consensus mechanism.

Question c) State and describe three advantages of the PoS consensus mechanism.

 

Reference no: EM133328464

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