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Listen "Root Causes 165: Blockchain - Proof of Work Versus Proof of Stake"
Episode Synopsis
In our ongoing examination of blockchain, we define proof of work and proof of stake as consensus algorithms for updating the public ledger. We explain their differences and get into the problems with proof of work and the reasons proof of stake is emerging as a promising new consensus algorithm. We touch on the consequences of these algorithms on other aspects of society as well.
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