Relatively new to crypto. Got a loose understanding of the systems.
Trying to differentiate the two but I’m kinda stuck on something. I understand that mining is more energy intensive, as they’re using mining rigs to process transactions.
My confusion stems from how that differs from POS where you still end up using a computer to process transactions. There just happens to be an extra step (32ETH). Which, I guess I should ask just to be sure - are those 32 ETH just parked somewhere as collateral or is it used as part of a liquidity pool?
Of course penalties keep validators in line, but wouldn’t that imply that btc miners have the capability to misbehave in a similar manner to a bad validator (even though they have no stake)?
To me the two methods seem nearly identical. What am I missing ?
there’s great answers here so I’ll just raise the following. You cannot physically go around H/s in PoW so it just works, but I’m still not bought into PoS. Not that I have a way to attack it, but I find it all too based on loose conjectures.