Proof-of-Stake (vs. Proof-of-work)
Cryptocurrencies like Bitcoin and Ethereum uses enormous amounts of energy. That's because of the proof-of-work algorithm. In this video I'll explain how the proof-of-stake algorithm works. An alternative consensus algorithm that uses a lot less energy!
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Proof of Stake. (n.d.). https://lisk.io/academy/blockchain-basics/how-does-blockchain-work/proof-of-stake
Proof of Stake FAQ. (n.d.). https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ
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QuantumMechanic. (2011). Proof of stake instead of proof of work. https://bitcointalk.org/index.php?topic=27787.0
The Inevitable Failure of Proof-of-Stake Blockchains and Why a New Algorithm is Needed (Op-Ed). (2015). https://cointelegraph.com/news/the-inevitable-failure-of-proof-of-stake-blockchains-and-why-a-new-algorithm-is-needed
Will a higher stake make more money in PoS? (2017). https://ethereum.stackexchange.com/questions/11182/will-a-higher-stake-make-more-money-in-pos
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