Implications of the Ethereum Merge for Web3, with Justin Drake of The Ethereum Foundation
The Fintech Blueprint
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The Cost Per Unit of Economic Security Is Reduced by About 30 X
The new engine is so much more economically efficient. It means that you need wayway, way less incentive for the consensos participants in order to get the same amount of economic security. The cost per unit of economic security is reduced dramatically by roughly 30 x. In proof of stake, that's right now about 22 billion dollars,. which corresponds to the 13 point six million e state.
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