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Proof of Work Demo

💰 Earn Crypto by Securing the Network

Discover how Proof of Stake lets you earn rewards without expensive mining hardware

🔷 What is Proof of Stake?

Proof of Stake is an energy-efficient consensus mechanism where validators are chosen to create blocks based on how much cryptocurrency they've "staked" (locked up) as collateral.

🎯 The Core Idea

Instead of miners competing with electricity and hardware, validators put up economic stake. The more you stake, the higher your chance of being selected to propose the next block.

How It Works:
1.Lock up 32 ETH (or other cryptocurrency) as your stake
2.Run validator software to participate in consensus
3.Get randomly selected to propose blocks (weighted by stake)
4.Earn rewards for honest behavior, lose stake for dishonesty

🎮 Validator Selection Demo

Click on validators to see how stake amount affects selection probability:

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Energy Efficient

Uses 99.95% less energy than proof of work. No mining hardware or massive electricity consumption required.

💰

Economic Security

Validators risk their staked funds. Attacking the network means losing your investment - economic disincentive.

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Proportional Rewards

More stake = higher chance of selection = more rewards. Similar to owning more shares in a company.

Fast Finality

Transactions finalize in minutes, not hours. No need to wait for multiple confirmations like proof of work.

💡 Real-World Analogy

Proof of stake is like a lottery where:

  • Your stake = Number of lottery tickets you hold
  • Being selected = Winning the right to create next block
  • Reward = Transaction fees + new coins (like Powerball prize)
  • Cheating = Losing all your tickets permanently (slashing)

Key difference: In PoS, your "tickets" (stake) are your own money at risk, not electricity spent.

📊 PoW vs PoS at a Glance

AspectProof of WorkProof of Stake
Energy UseVery High (150 TWh/year)Very Low (~0.01 TWh/year)
HardwareSpecialized ASICsRegular computer
Barrier to EntryHigh (equipment cost)Medium (32 ETH minimum)
Block Time~10 minutes (Bitcoin)~12 seconds (Ethereum)
FinalityProbabilistic (1 hour+)Faster (~15 minutes)