Technically Legal - A Legal Technology and Innovation Podcast cover image

What's Going on With Blockchain and the Law (2021 Edition) With Lewis Cohen of DLx Law

Technically Legal - A Legal Technology and Innovation Podcast

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Bitcoin Proof of Stake vs Proof of Mining

The key element that's shared between a mining an which computing power is used to protect the network. In proof of stake, by way of contrast, we don't use any energy at all. So it's a game theoretical process as much as anything else in bitcoin. You aresure that by causing people to expend so much energy to validate blocks, that it's not worth it to expend that energy to attack the network.

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