Can Bitcoin Change to Proof of Stake? Will Bitcoin Transition to Proof of Stake?

2 years ago
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Can Bitcoin Change to Proof of Stake? Will Bitcoin Transition to Proof of Stake?

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Bitcoin is the most valuable cryptocurrency in the world, but why can't you use it to create passive income by staking it? It doesn't matter whether you're a crypto enthusiast or have no interest in it; you've almost certainly heard of Bitcoin, the first cryptocurrency ever created and the most valuable by far. And, while you can make a lot of money by selling Bitcoin, you cannot stake it like you can with many other cryptocurrencies. But, more importantly, why is this happening, and will Bitcoin ever be accessible for staking again?

🕒 Timestamps 🕒
00:00 Introduction
00:58 How Does Bitcoin Work?
02:44 What Is Proof-of-Stake?
04:23 Why Can't Bitcoin be Staked?
05:54 Will Bitcoin Adopt Proof of Stake?
06:55 Bitcoin Could Switch to Proof of Stake—But It Won't.
07:20 Final Thought

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