Ethereum update: Proof of Work Vs Proof of Stake, Explained.
# Understanding the consensus mechanism of Proof of Work Vs Proof of Stake in the Blockchain Technology.
The [Cryptocurrencies](https://coinnounce.com/first-10-cryptocurrencies-launched-after-bitcoin/) along with the [Blockchain Technology](https://coinnounce.com/power-of-blockchain-technology/) is most famous for the high-class security that it provides. It is estimated by professionals that, for a hacker, it is easier to break into a Centralised Financial Reserve and rob the funds than to take control of the [Bitcoin Blockchain network](https://coinnounce.com/programming-language-blockchain/).
[Read full story on Coinnounce.com](https://coinnounce.com/proof-of-work-vs-proof-of-stake/)
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
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