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Proof of Stake (PoS) has been around for a while, but it is comparatively new. It works a little differently than proof of work and has some advantages. Proof of stake can be more energy efficient and doesn&8217;t require as much electricity to run. It is possible to create more coins/tokens with Proof of Stake (PoS) compared to Proof of Work (PoW). However, due to its energy-intensive nature, proof of work has faced trouble scaling up to accommodate the massive volume of crypto transactions. The computational work makes it costly and time-consuming to produce new blocks. As a result, proof of stake has emerged as an alternative. Many experts in the cryptocurrency community agree with this criticism. This is why they have created another mechanism called the proof of stake mechanism. The proof of stake mechanism has been adopted by another popular cryptocurrency called Ethereum. This mechanism is relatively nascent but it is still being considered to be a viable alternative to the proof of work concept.