Pros and Cons of Proof of Stake | Is Proof-of-Stake better than Proof-of-Work?

2 years ago
64

Pros and Cons of Proof of Stake

Subscribe to OfficialCryptoWatch: https://bit.ly/3jy68PB

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

Join this channel to get access to perks:
https://www.youtube.com/channel/UCHxhIo4BTXFdkT00jlJS1CQ/join

Get $10 in Bitcoin!:
Coinbase: https://bit.ly/3k36f60
Gemini: https://bit.ly/3OoCXMS
BlockFi: https://bit.ly/3JRcNio
KuCoin: https://bit.ly/38495V2
RobinHood: https://bit.ly/3OrRkjh
Crypto Taxes:
https://bit.ly/36D4R6A
For More Informative Videos Subscribe ✅
2) 🔔Turn ON AII Notifications🔔
3) 👍Please LIKE & SHARE This Video
Thanks for watching.

#pos #crypto #proofofstake #prosofproofofstake #consofproofofstake #prosandconsofproofofstake

Tags: pos,pow,crypto,cryptocurrency,proof of stake,what is pos,what is proof of stake,pow vs pos,proof of stake explained,proof of stake blockchain,pros of pos,cons of pos,pros of proof of stake.cons of proof of stake,pros and cons of proof of stake

Loading comments...