Proof of Work vs. Proof of Stake with Medha Parlikar of Casper Labs - a podcast by Michael Nye: Bitcoin, Ethereum, Litecoin, Blockchain, Cryptocurrency, Crypto Advocate

Sign up for our newsletter at https://Evolvement.io.

Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world.

In this episode, I sat down Medha Parlikar the CEO of CasperLabs. CasperLabs is working to create a better model of Proof of Stake. Utilizing a proof of stake system offers a security and consensus model that does not waste all the electricity associated with Proof of Work , while also making cryptos more accessable to miners. The new 2.0 version of Ethereum will operate on a modified Proof of Stake model. The incentive model will different which may disrupt the mining ecosystem as it rewards stakers on a regular interval.

Learn more at https://casperlabs.io/

Thank you to Medha for her time. Thank you to our sponsors CasperLabs! And thank you to all our listeners! You guys help make this possible.

Timestamps

00:01:45
How are things going over at Casper Labs?

00:02:20
Who are you and what is Caspter Labs?

00:04:10
What is the difference between Proof of Work and Proof of Stake?

00:06:10
Why is proof of work wasteful?

00:08:50
What is Slashing in the Proof of Stake Model?

00:10:10
Why did you decide to go with a Proof of Stake Model?

00:12:30
Is there room for the Proof of Work model?

00:16:20
Is a hybrid model of PoW and PoF useful?

00:18:45
How is Ethereum 2.0’s staking going to affect the environment?

00:23:30
What are some of the downsides to Proof of Stake?

00:26:10
What are the attack vectors of the Proof of Stake model?

00:28:00
How is CasperLabs Proof of Stake fully decentralized?

Further episodes of What is Crypto w/ Michael Nye

Further podcasts by Michael Nye: Bitcoin, Ethereum, Litecoin, Blockchain, Cryptocurrency, Crypto Advocate

Website of Michael Nye: Bitcoin, Ethereum, Litecoin, Blockchain, Cryptocurrency, Crypto Advocate