
WiM059 - The Saylor Series | Episode 15 | Bitcoin’s Seven Layers of Security #2
The "What is Money?" Show
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Proof of Steak
Proof of work is an open, competitive, natural system. It emulates darwinian competition and it's open proof of stake. Is a closed, controlled system. And so the problem with a closed, controlld system is it's not dar inian,. There's no genetic diversity becomes inbred. So we need an unshakable foundation to support higher layers.
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