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