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Pros and Cons of Proof of Stake | Is Proof-of-Stake better than Proof-of-Work?
Pros and Cons of Proof of Stake
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Ethereum is transitioning away from the proof-of-work consensus process and toward proof-of-stake. This was always the intention, as it is a crucial component of the community's strategy to expand Ethereum through software upgrades. Getting proof-of-stake to operate well, on the other hand, is a significant technical issue that is not as straightforward as utilizing proof-of-work to gain consensus across a network.
🕒 Timestamps 🕒
00:00 Introduction
00:44 How Does Proof-of-Stake Work?
02:08 Proof-of-Stake Pros
04:32 Proof-of-Stake Cons
08:15 Final Thought
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