Proof of Work VS Proof of Stake | Coins VS Tokens | Categorizing Cryptos

2 years ago
56

In this video, I explain the difference between proof of work cryptocurrencies VS proof of stake cryptocurrencies. I also go over coins VS tokens and categorize different types of cryptocurrencies based upon their use cases to show that cryptos are more than just decentralized digital money. How would you have categorized they different types of cryptocurrencies? Which category is your favorite? Let me know in the comment section down below!

▬▬ Chapters ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

00:00 - Intro
00:06 - Today’s Topic
00:37 - Proof of Work VS Proof of Stake
01:17 - Proof of Work
02:47 - Proof of Stake
06:11- Coins VS Tokens
07:09 - Crypto Categories
08:31 - Currency Category
08:40 - Fiat Replacement
09:06 - Stable Coins
09:54 - Privacy Coins
10:56 - Operations Category
11:03 - Platforms
11:34 - Exchanges
11:58 - Utility Category
12:10 - Natural Assets
12:33 - Crypto Collectables
12:49 - Security Tokens
13:48 - Payments
14:15 - Interoperability
14:35 - Closing Remarks
15:58 - Outro

▬▬ Reference links and codes ▬▬▬▬▬▬▬▬

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▬▬ Legal Disclaimers ▬▬▬▬▬▬▬▬▬▬▬▬

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▬▬ Hashtags ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

#crypto​ #proofofstake #tokens #explained

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