4min chapter

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#504: Vitalik Buterin, Creator of Ethereum, on Understanding Ethereum, ETH vs. BTC, ETH2, Scaling Plans and Timelines, NFTs, Future Considerations, Life Extension, and More (Featuring Naval Ravikant)

The Tim Ferriss Show

CHAPTER

Proof of Staffing

With proof of stake if you have coin stores coins are saved in an account that account has an Associated public and private key. This is all layer one scaling switch from proof of work to prove a steak start starting the blockchain. So this gets you some tens of times improved like, you know, 20 x 25 x Improvement and 300 * 100 * fantastic. Then there's labor to which stacks on top. Yes. What you're too as I mentioned about wage Creating protocols that live on top of theBlockchain that only use the watch in in very particular ways.

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