This week on Untangling Web3, we dive into a critical aspect of blockchain technology—consensus algorithms, focusing specifically on Proof-of-Work (PoW) and Proof-of-Stake (PoS).

These mechanisms are fundamental to ensuring decentralized networks agree on transactions and state without a central authority, and they lie at the heart of many discussions on blockchain scalability, security, and sustainability.

Key highlights:

• Proof-of-Work (PoW) Overview: the original consensus algorithm used by Bitcoin. PoW relies on computational power to validate transactions, where miners solve complex mathematical puzzles. While it offers strong security through its energy-intensive nature, the environmental impact and low scalability remain major drawbacks. Despite these, Bitcoin’s PoW model has been bat ...