The difference between digital currency POW/POS/MN

1. POW: full name Proof of Work, proof of work.

The proof of work mechanism is the proof of workload, which is a requirement that must be met when generating a new transaction information (i.e. a new block) to be added to the blockchain. In a blockchain network built on the proof of work mechanism, nodes compete for the right to record by calculating the numerical solution of random hash hashes. The ability to obtain the correct numerical solution to generate blocks is a concrete manifestation of the node's computing power. A typical bitcoin

2. POS: full name Proof of Stake, proof of rights and interests.

Proof of Stake requires the certifier to provide ownership of a certain amount of cryptocurrency. The way the proof of stake mechanism works is that when creating a new block, the miner needs to create a "coin rights" transaction, which will send some coins to the miner itself according to a pre-set ratio. The proof of stake mechanism reduces the mining difficulty of the node in proportion to the proportion and time of each node's tokens according to the algorithm, thereby speeding up the search for random numbers. Typical eos coin

2. MN: full name Master Node, node.

A masternode is a server that never goes offline. It is used in cryptocurrency networks and provides services. Masternodes are interdependent and decentralized. I personally think that masternodes are the most advantageous way to earn passive cryptocurrency income. Typical currency: Dash