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Which of the following is incorrect regarding Proof of Work ( PoW ) and Proof of Stake ( PoS ) ? Bitcoin is an example
Which of the following is incorrect regarding Proof of Work PoW and Proof of Stake PoS
Bitcoin is an example cryptocurrency that uses PoW.
In PoS, the amount of stake a validator has is related to its chance of getting chosen for tasks.
Compared to PoW, PoS consumes more energy, because more than one validators are chosen to finish a task.
The key idea of PoW is that blocks are only valid if they require enough computational power to produce.
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