2min chapter

The Defiant - DeFi Podcast cover image

Sovryn's Edan Yago on Building Bitcoin DeFi; Slower Growth But Strongest Foundation

The Defiant - DeFi Podcast

CHAPTER

The Cost of Using Proof of Stake Systems Will Drop a Great Deal

i do think there's a very high likelihood that what happens is that we see a consolidation, and that when that consolidation happens, it will happen around becoin. Part of the reason for this is actually because of bicon's use of proof of work, and the fact that the bicoin acid is not a um, is not an acid which is tied to use asid like a utility token. And i also think that it's more likely to be one network, one dominant network and several smaller networks, rather than a very, very large number of networks.

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