
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 Marketplace4.4
7676 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.

32,221 Listeners

8,781 Listeners

5,126 Listeners

928 Listeners

1,384 Listeners

1,278 Listeners

6,436 Listeners

5,496 Listeners

112,856 Listeners

56,902 Listeners

9,567 Listeners

10 Listeners

16,386 Listeners

35 Listeners

6,086 Listeners

5,537 Listeners

16,202 Listeners