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The 2022 State of Crypto + Web3 with Solana's Austin Federa
ACQ2 by Acquired
Proof of Stake Networks, Proof of Work Networks
With proof of work, a huge chunk of hash r the bitcoin network went off line. But because of the way proof of work works, where you just have to solve the mat,. Because it's a proxy for energy, the network is able to recover. Even if large amount of the hash power goes off line, the network just gets really slow and might take a long time to recover. With proof of stake networks, thi is true of all proof of stake systems. If enough of that stake goes down, the network has to assume its under attack, and therefore the network halts. And so one of the criticisms of proof of stake is that it's theoretically less stable in terms
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