A Sustainable Alternative to Bitcoin

A Sustainable Alternative to Bitcoin

Assessment

Interactive Video

Business, Physics, Science

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the criticism of Bitcoin's energy consumption and introduces innovations in blockchain technology, such as proof of stake, to address these issues. It covers the volatility in crypto markets, including past events like the Terra Luna crash, and the need for regulatory clarity. The video also explores the challenges of algorithmic stable coins and the importance of having stable collateral.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the criticisms associated with Bitcoin regarding energy consumption?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Who founded the organization mentioned in the text, and what is their background?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the proof of stake consensus mechanism mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the future of different blockchain protocols?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the major events that have impacted the cryptocurrency ecosystem?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's perspective on regulation in the cryptocurrency industry?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does the concept of algorithmic stable coins present according to the speaker?

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