2min chapter

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#80 – Vitalik Buterin: Ethereum, Cryptocurrency, and the Future of Money

Lex Fridman Podcast

CHAPTER

Ethereum 2.0

One of the criticisms of cryptocurrencies is that they use so much energy. Is one of the motivations of proof of stake is to move away from this? Definitely. Sharding solves another problem with blockchains, which is a scalability. And what sharding does is it basically says, instead of every participant in the network having to personally download and verify every transaction, you kind of randomly distribute who gets how much work.

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