An Overview of Crypto-Staking Networks by Cointelegraph

The discussion around the most suitable consensus algorithm for blockchain technology has become increasingly relevant. While proof-of-work remains well-established, particularly with Bitcoin, the interest in proof-of-stake protocols has been rising, particularly with Ethereum’s transition to Ethereum 2.0, which will implement a PoS model.

The question of which algorithm is superior continues to provoke different opinions. Ankit Bhatia, co-founder and CEO of Sapien, recently shared his insights, stating that “proof-of-stake is simply more scalable because it eliminates the race to solve math problems and the need for computation to grow the pot.” Bhatia pointed out that PoS can leverage sharding, making it a more favorable option in his view.