Lecture 15: Proof-of-Stake

Lecture 15: Proof-of-Stake

Proof-of-Stake - Proof-of-stake vs Proof-of-work - “Nothing at stake” issue and slashing - Benefits and Drawbacks of Proof-of-stake

What Is Proof Stake

Breaking The Rules Of The Chain

Tehnician: Proof Work

Ability To Produce Blocks Is Based On Steak Holdings

Tehnician: Selecting The Next Producer

Predictability

Public Key Cryptography

Staking And Bonding

Avoiding Double Spend

The Nothing At Stake Problem

A Bail Bond

Tehnician: Slashed Bond

Tehnician: Proof Work

Vs. Proof Work

Proof Stake Chains