15 Free YouTube subscribers for your channel
Get Free YouTube Subscribers, Views and Likes

Proof-of-Stake (vs proof-of-work)

Follow
Simply Explained

Cryptocurrencies use a ton of electricity because of mining. In recent years people started working on a different technique called ProofofStake. Not only does it use less energy, it can also be more secure.

(This video is a reupload to fix a mistake I made in the previous one. Sorry about that!)

Sign up for Simply Explained Newsletter:
https://newsletter.simplyexplained.com
Monthly newsletter with cool stuff I found on the internet (related to science, technology, biology, and other nerdy things)! No spam. Ever. Promise!

Get $10 of free Bitcoin:
Use my Coinbase affiliate link, and we'll both get $10 of free Bitcoin when you deposit $100:
https://coinbase.com/join/decuyp_9

Sources for this video:
https://www.savjee.be/videos/simplye...

Social
Twitter:   / savjee  
Facebook:   / savjee  
Blog: https://savjee.be

❤ Become a Simply Explained member:    / @simplyexplained  

#proofofstake #blockchain #mining #simplyexplained #crypto

posted by torieborrylr