2min chapter

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#127 – Sam Bankman-Fried on taking a high-risk approach to crypto and doing good

80,000 Hours Podcast

CHAPTER

Is Proof of Stake Block Chain Taking Over?

As of now, 80 % of deposits and withdrawals on f t x use proof of stake block chains. And e reason and their kind of a growing share. They 're likely to take over otomily. Even if you don't care about the environment at all, just the economic cost of the energy usage is significant for proof of work block chain. So in addition to climate reasons like, for that reason, there has to be better ways to do it. That's the biggest thing.

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