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Q 4 . Answer the following questions about Proof of work alternatives. ( a ) What are the advantages and disadvantages of POW? ( b
Q Answer the following questions about Proof of work alternatives.
a What are the advantages and disadvantages of POW?
b Name two cryptocurrency using POW, and two using POS.
c Consider the Pay and Play mechanism. What is the pay in POW, in POS, and in proof of capacity?
d Explain how the proof of elapsed time works. Why is it not suitable for cryptocurrency?
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