Getting a Block on a chain.
A block on the chain will contain a specific directory called a “Hash”, a unique code to identify
its placement on the chain. Information is to be stored in multiple places while holding a class of
its own on the chain of blocks, creating the most secure distributed ledger in the world. PoW uses
a physical computation machine to validate and place each transaction on a specific chain; this
process is also known as “Crypto Mining”. Miners are rewarded with crypto coins as revenue for
configuring the mathematical cryptographic placement of a new block to the chain.
Similar to PoW’s PoS uses Stakes, a network authenticator node as a middle-man who stakes to
validate the transaction without using a physical computation machine. The reward is then given
to the staker of the node. The different approaches create a spectrum of benefits for both to be
selected and used for various projects.
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