Proof of Work VS Proof of Stake - Simplified Explanation
A clear video explaining proof of work vs. proof of stake, brought to you by Cryptonauts.
- RESEARCH:
https://blockgeeks.com/guides/proof-o...
https://github.com/ethereum/wiki/wiki...
http://bitfury.com/content/5-white-pa...
https://en.wikipedia.org/wiki/Proof-o...
https://www.ethnews.com/proof-of-work... - QUOTES:
https://blog.ethereum.org/2014/01/15/...
CORRECTION: Your stake percentage to win signing a block is actually dependent on how much you own in a stake pool, so you would obviously be competing against many other stake holders, not just four.
Check back for new content! Cryptonauts provides educational videos on subjects such as blockchain, mining and technological adoption; We post comprehensive overviews of cryptocurrencies; We break down blockchain companies and tokens clearly and simply; We want to share with you!
If you love our content upvote and remember to follow and subscribe to our notifications!
- Tweet to us! https://twitter.com/@cryptonautsshow
- Get Access to our Private Telegram on Patreon https://www.patreon.com/cryptonauts
- Follow our Steemit blog https://steemit.com/@cryptonauts
- Subscribe to our Youtube https://www.youtube.com/cryptonauts
DONATIONS -
- BTC: 1MMCUETRQKsqerdXWpSsjFDbBUap9ZBbkC
- ETH: 0x36Dc638a2F17AAf0aCDd9a84AaEc1D43890A757c
- LTC: LbPWa6oAv4ZnEwWKs5q8eR8ykJh6AyahLk
good works.. well done brother..
@steemvive Thank you!
nice
@chayen Thanks!
There is a very interesting DLT, called NEM, that uses PoI (Proof of Importance). It is like an improved PoS.
More info about NEM here
New MovieCoin white paper was released. Very interested in that coin, any chance you can do a review on that? I posted an update on my steem
Very nice explanation. Thanks for sharing!
@crypto-luke Thank you for watching! Glad you liked it!