Defi
Vitalik Buterin: Proof of Stake vs Proof of Work (Blockchain Insider)
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For the Blockchain Insider podcast, Simon Taylor and Colin Platt sat down with Vitalik Buterin to talk through Ethereum, the plans for the blockchain, and his 2024 predictions for the space!
Vitalik explains the difference between Proof of Stake and Proof of Work ahead of the Casper launch. What makes Proof of Stake superior for Ethereum?
Stay tuned for the full interview with Vitalik, out Thursday 13th of December!
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Thanks for making Ethereum worthless for anyone except the VCs and the whales. POS breaks the entire point of cryptocurrency, tragic how Vitalik fundamentally does not understand Satoshi's entire argument. If you're gonna go proof of stake i might just as well revert back to USD, you offer no advantage
when Vitalik Buterin said "In Our opinion"
Proof of stake somewhat sounds similar to stock market where big bulls have the monopoly over the whole market.
POS basically takes us back to fiat. the more coins you have, the more votes you have. What a joke.
proof of stake, should be renamed proof of money.
proof of work tends to encourage IT people to participate, proof of stake encourages finance people. I tend to believe IT people are more aligned with blockchain ideals than bankers. I also tend to think the non-voting, longest block wins consensus mechanism is better than basically letting the people with the most coin have the most votes. I don't hate POS but I'm very suspicious and Solana's ddos "attack" didn't help.
Proof of Stake = Who has more wins more… what an improvement over fiat!
Centralization!! This sucks!! Buy Bitcoin
Thief
Виталик, давай по русски уже
I understand proof of steak
I was at Ponderosa
QUESTION (someone please answer): in PROOF OF WORK your computer has to actually solve maths to get to a result that certifies that by adding a specific number (and only that number) to the data of a specific block of transactions, you get a number that starts with a given number of ceros. This guarantees that the block you are validating has a very specific set of data and any other.
In PROOF OF STAKE, how do I know if the block of transactions I am voting to approve is correct or fraudulent?
Scammer liar.
you guys have the same nose
that interviewer did not understood anything i bet
Why would eth go POS if you need 32 eth to stake … plus new comers have no way unless they buy 32 eth an stake to get more token “one token one vote right “ who’s going to play thousands to vote. I tell u who Coinbase an these whales not the whole network . Where back to this Shitty model of greed that exist with banks 🙁
One coin = one vote
Sounds like the system we live under now.
PoW > PoS