Episode 22 - Proof of Stake BlockShots: Blockchain Simplified
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- Technology
In this episode, we understand what is proof of stack consensus and how it compares with proof of work.
Proof of Stake (PoS) is a blockchain consensus algorithm where the nodes put an economic value on stake to participate in block production. The problem domain is the same — to find out who should produce the next block for the blockchain.
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.blockshots.net
In this episode, we understand what is proof of stack consensus and how it compares with proof of work.
Proof of Stake (PoS) is a blockchain consensus algorithm where the nodes put an economic value on stake to participate in block production. The problem domain is the same — to find out who should produce the next block for the blockchain.
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit podcast.blockshots.net
4 min