Benefits of PoS

The main advantage for users is that they do not need to use powerful computer equipment. Coin mining can be carried out on ordinary personal computers.

The main advantage results in low electricity costs, which has been a major problem with PoW mining. Users do not need to install additional boards, coolers, voltage stabilizers and other types of equipment that contribute to the stable operation of powerful equipment. It is enough for modern forgers to have a powerful laptop or personal computer, as well as constant access to the Internet.

Cryptocurrency is protected from inflation. Due to the known number of coins that are on the market, there is no need to create new coins, which would lead to a depreciation. Fluctuations are possible only due to dynamic changes in the situation on the exchange, which reduces the number of factors that negatively affect the rate of coins.

Here is the minimum amount of empty cryptocurrency that does not have a significant justification. This provision indirectly affects the cost of energy carriers, stabilizing this indicator.

Users have a high level of involvement in the cryptocurrency mining process. For efficient mining, users need to buy a large number of coins. Having large assets, the investor becomes interested in the development and stability of the project. Members of the cryptocurrency community always support it when launching a new coin. In theory, the miner can easily switch from one type of coin to another if he notices that the project is unprofitable. In practice, this will take a certain amount of time, which reduces the efficiency of this process. Also, when transferring funds, the conversion will entail some losses, so it often becomes unprofitable to switch.

This is a promising algorithm that may become the main one in the future if mining using other algorithms becomes impossible. An increase in the power of mining equipment will lead to the fact that all coins will be mined even in the most popular chains, despite their complexity. In this case, transactions can only be carried out via PoS.