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Review on Aeternity by ikrar nusa
Unlike other cryptocurrencies who use either Proof of Work or Proof of Stakeβ¦
Unlike other cryptocurrencies who use either Proof of Work or Proof of Stake, Aeternity uses a hybrid of both Proof of Work and Proof of Stake. Where Proof of Work is used for consensus while Proof of Stake is used for governance.
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Pros
- Like many cryptocurrencies, Aeternity uses proof of work for its consensus, where miners verify the creation of new blocks but with a twist to allow for scalability purposes as it blends proof of Stake to form a hybrid where a new graph-theoretic proof of work combines with the scalable memory requirements for instant verification.
Cons
- Currently, people fail to see innovation and true value because bad communication and marketing. Much competition surrounds this same space that AE is fighting for.
