
Ep. 460 - Managing the ETH Merge, With Jesse Pollak of Coinbase
CRYPTO 101
00:00
Why Do We Need Proof of Stake?
The network is earning the right to make that shift in terms of younow, reducing the spend that's making on security through kind of this hard work that's done to secure it in a new way. Andnd, the risk of network being taken over in a 51 % attack. Meno, there is basically more control built into the underlying potacl to both prevent a 51 percent attack and recover in the event that some one did try and do a 51% attack. They are environmental, economic, insecurity. I thing that there's a case to be made that you can get the same dissentralization characteristics ieterium with proof of stake. The merge will switch from an environment
Transcript
Play full episode