Owl Explains | The truth about proof-of-work vs. proof-of-stake

In this Owl Explains session, Emerson/Merrill Lynch Professor Fahad Saleh unpacks the insights from “Proof-of-Work versus Proof-of-Stake: A Comparative Economic Analysis,” co-authored by Kose John. The paper argues that, under real-world conditions, Proof-of-Stake (PoS) offers higher security than Proof-of-Work (PoW)—primarily due to how environmental costs influence miner behavior, investment and attack vulnerability.

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