
Sign up to save your podcasts
Or


Cryptocurrency mining is basically verification that transactions on the blockchain are legitimate. One method to do that is “proof of work.” But that takes a lot of electricity. So soon, blockchain platform ethereum will shift to a different method: “proof of stake.” Instead of multiple miners expending energy at the same time, one “validator” wins a lottery to verify the transaction. “Marketplace’s” Kimberly Adams speaks with Alex de Vries, founder of Digiconomist, about what the shift means.
By Marketplace4.5
12561,256 ratings
Cryptocurrency mining is basically verification that transactions on the blockchain are legitimate. One method to do that is “proof of work.” But that takes a lot of electricity. So soon, blockchain platform ethereum will shift to a different method: “proof of stake.” Instead of multiple miners expending energy at the same time, one “validator” wins a lottery to verify the transaction. “Marketplace’s” Kimberly Adams speaks with Alex de Vries, founder of Digiconomist, about what the shift means.

32,100 Listeners

30,666 Listeners

8,776 Listeners

934 Listeners

1,388 Listeners

1,657 Listeners

2,175 Listeners

5,461 Listeners

111,948 Listeners

56,508 Listeners

9,532 Listeners

10,282 Listeners

3,614 Listeners

6,089 Listeners

6,564 Listeners

6,381 Listeners

163 Listeners

3,000 Listeners

154 Listeners

1,395 Listeners

90 Listeners