Proof of work vs proof of stake Which is better for the environment?
Proof of work vs proof of stake Which is better for the environment?
Bitcoin - the worldβs top cryptocurrency - uses a technique called PROOF OF WORK to keep your money safe. But this technique has a big downside: it uses massive amounts of electricity. With big environmental impact.
If you care about the environmental impact of crypto, this is a pivotal issue. Listen to Wharton business professor Kevin Werbach explain PROOF OF WORK, used by Bitcoin, and its much more ecological rival, PROOF OF STAKE, being adopted by leading blockchains like Ethereum.
Video Chapters
00:00 - Intro
00:56 - Bad for the environment
03:10 - Proof of work vs proof of stake
08:11 - Game Thinking Certification
Follow Kevin:
Twitter: https://twitter.com/kwerb
Linkedin: https://www.linkedin.com/in/kevinwerbach/
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