Tezos Co-Founder on Proof of Work vs Proof of Stake

Tezos Co-Founder on Proof of Work vs Proof of Stake

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges faced by Bitcoin miners in Texas due to energy grid issues and the inefficiencies of proof of work systems. It contrasts this with proof of stake systems, highlighting Tezos and Ethereum's transition efforts. The video also covers the recent market crash, systemic crises, and the impact of staked Ethereum, drawing parallels to Ponzi schemes. Predictions about the crypto market's future, including the Celsius bankruptcy, are also discussed.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can cryptocurrency mining be made more sustainable?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does inflation play in the valuation of staked Ethereum?

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