Chapter
The Efficiency of Proof of Stake in Cryptocurrency
42:38 - 49:53 (07:14)
Proof of Stake supporters argue that it can survive with lower rewards than Proof of Work, as it requires validators to lock up funds instead of buying more computing equipment to run hashes.
Clips
This podcast discusses the differences between Proof of Stake and Proof of Work, and how Proof of Stake can survive with much lower rewards compared to Proof of Work.
42:38 - 46:12 (03:33)
Cryptocurrency
Summary
This podcast discusses the differences between Proof of Stake and Proof of Work, and how Proof of Stake can survive with much lower rewards compared to Proof of Work. The efficiency of Proof of Stake is still debated due to the issuance of coins for security purposes.
ChapterThe Efficiency of Proof of Stake in Cryptocurrency
Episode#504: Vitalik Buterin, Creator of Ethereum, on Understanding Ethereum, ETH vs. BTC, ETH2, Scaling Plans and Timelines, NFTs, Future Considerations, Life Extension, and More (Featuring Naval Ravikant)
PodcastThe Tim Ferriss Show
The podcast explores transactions on the blockchain, how they range from simple transfers of currency to much more complex ones, and how Ethereum has enabled transfers to be initiated by smart contracts.
46:12 - 49:53 (03:41)
Blockchain
Summary
The podcast explores transactions on the blockchain, how they range from simple transfers of currency to much more complex ones, and how Ethereum has enabled transfers to be initiated by smart contracts.