Hi! I’m struggling in understanding the proof of work and proof of stake concepts. Can someone explain both concepts in a non-abstract way? With non-abstract I mean, literally, what happens when these concepts are executed? Almost all explanations I find on the internet fail in their explanation by explaining the complexity with new unexplained words and concepts. This is so annoying. I really would like to grasp the concepts so I thought, why not ask it the reddit community.Â
Hope to hear from you!