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TagProof of stake vs. proof of work

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Ethereum Moves From Mining to Staking This Month

As there came to be more and more “eth” in the world, the puzzles computers had to solve got very much harder, consuming vast energy resources

In this first part of “Staking and Liquidity on Web3”, the fifth episode of the podcast series between computer engineering prof Robert J. Marks and engineers Austin Egbert and Adam Goad, look at upcoming changes in mining — how cryptocurrency is produced. In Episode 4, the discussion centered on what a decentralized crypto financial system would look like and on challenging new concepts like flash loans and smart contracts. Dr. Marks is the director of the Walter Bradley Center. https://mindmatters.ai/wp-content/uploads/sites/2/2022/08/Mind-Matters-203-Adam-Goad-Austin-Egbert.mp3 A partial transcript, notes, and Additional Resources follow. Robert J. Marks: Like gold, cryptocurrency like Bitcoin and Ethereum is mined, at least so far. Mining becomes harder and harder as more gold is mined… finding fresh gold deposits becomes more…