Valkuncoin, Proof of Stake (PoS) Efficiency.
- PoW:Requires significant computational power, leading to high energy consumption.Miners solve complex mathematical puzzles (hashing) to validate transactions, which consumes electricity equivalent to that used by small countries (e.g., Bitcoin consumes around 100–150 TWh/year).Example: Bitcoin's PoW network consumes more energy than countries like Argentina.
- PoS:Requires validators to lock up (stake) cryptocurrency instead of using computational power.Far more energy-efficient since it doesn’t require high-performance hardware to solve puzzles.Example: Ethereum's switch from PoW to PoS in September 2022 reduced its energy consumption by over 99.9%.
