#Doge
The proof of stake (POS) consensus mechanism relies on staking, while the proof of work (POW) mechanism that Dogecoin utilizes relies on mining. Dogecoin now ranks as the second largest POW chain after Bitcoin.
The proof of stake (POS) consensus mechanism relies on staking, while the proof of work (POW) mechanism that Dogecoin utilizes relies on mining. Dogecoin now ranks as the second largest POW chain after Bitcoin.