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Proof of Work vs Proof of Stake - A Primer
Manage episode 226265618 series 2099508
Matt and Blake got together this week to discuss the differences between two very important concepts in crypto, Proof of Work and Proof of Stake.
One of the best features of cryptocurrencies is that there's no need for a 3rd party such as a bank to validate transactions on the blockchain. Two strangers can send money to each other with confidence thanks to the consensus mechanisms mentioned above.
61 episodes
Manage episode 226265618 series 2099508
Matt and Blake got together this week to discuss the differences between two very important concepts in crypto, Proof of Work and Proof of Stake.
One of the best features of cryptocurrencies is that there's no need for a 3rd party such as a bank to validate transactions on the blockchain. Two strangers can send money to each other with confidence thanks to the consensus mechanisms mentioned above.
61 episodes
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