What is POW & POS? | WazirX Crypto Guide |

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Proof of work (POW) is a decentralized consensus mechanism that requires members of the network to put effort into solving an arbitrary mathematical puzzle in order to prevent anyone from gaming the system.

The Proof of Stake (POS) protocol is a class of consensus mechanism for blockchain that works by selecting validators in proportion to the amount of holdings in the respective cryptocurrency. Unlike Proof of Work (PoW) protocols, POS systems do not encourage excessive amounts of energy consumption.

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Cryptocurrency is unregulated digital currency, not a legal tender and subject to market risks. The information provided in this section doesn't represent any investment advice or WazirX's official position.

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