The elbow method is a technique used to find the optimal number of clusters (K) in k-means clustering, by identifying the “elbow” point on a graph of k-values and their corresponding within-cluster sum of squares (WCSS) values.
Proof of work uses crypto mining to validate transactions while proof of stake uses those who have the most coins on a network as validators. Take a deep dive into the differences between PoW and PoS and the future outlook of consensus mechanisms.
