246: Uri Klarman - Thought Provoking Opportunities in DeFi with Crypto Tech Wizard
Chat With Traders
00:00
Is It Your Turn to Add a Block?
In proof of stake, you throw this competition away. And basically it becomes to being, is it my turn to add a block? Is it your turn toAdd a block? Like it becomes like a predetermined order. Each one depending on how much stake, okay, how much stake easily have. They're going to be adding blocks and be rewarded for it. You could stay if basically getting something like 4% APY,. but you're saying like, okay, I'm going to support the networkBasically the idea is that people would add blocks and they want to do anything nasty because if they do nasty things, they get slapped but it hurts their stake.
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