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Keeping it Simple | Ep. 11: The Evolution of Finance... What Does the Future HODL?

Keeping it Simple with Simplify Asset Management

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Proof of Work - Proof of Stake

Proof of stake only has to do with adding transactions to the block chain record. So it doesn't really have anything to do with those that are active trading in the market. It actually makes it the safer for them, because it reduces the probability of front running and greatly increases the speed also. The idea in etheorium is to move to a different model, and it's called proof of stick. And if i put up ten per cent of the overall capital, then over all, there's a ten % probability that i will be chosen to validate transactions and add a block of transactions to the etherium block chain. In over longer term, its just probablistic. That is

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