Vitalik Buterin: Ethereum, Proof-of-Stake, The Future of Bitcoin
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
00:00
Proof of Stake Is a Consensus Algorithm
Gap gives a shape shift to try go over to shapeshift dot i o. It's fast and easy. And we would like to thank them for their support of esonerbic coin, absolutely. So let's move on toprove to stake. Proving or stake is the idea behind basing some kind of limiting block creation process where the amount of influence that you have in the creation process is proportional to how many coins you have. The idea behind proof or stake is that instead of the limiting factor being ing power, the limiting facts are basically a stake, so stake being no coins themselves.
Play episode from 26:54
Transcript
