I'm newbie to Ethereum and trying to make things clear.
I've read few articles about PoW(proof of work) vs PoS(proof of stake) and what I understood is,
Proof of Work is nothing but the mining, in which miner get some reward to validate the transaction. After validation of transaction, miner will add that block to the public ledger.
Proof of Stake are(special miners) who do not validate the transaction but they validate the block(or create the block).
For instance if I deploy a smart contract to the Ehethereum Blockchain, it cost me 0.01072934 ether
, which is fixed fees of deployment and that will goes to the PoS, and there is no role of PoW in this case.
Is this right? If yes, then how can we differentiate it with proof of authority?
This question based on my previous question:Where the Smart Contract deployment charges goes?