Proofofwork vs Proofofstake

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=aJSv6B1R0d4

Proof of work and proof of stake have been controversial topics in the crypto ecosystem. Proof of stake supporters primary arguments against proof of work is that the system is slow, energy intensive, and inefficient. This video will look into the trade offs proof of stake makes compared to proof of work. • This video was inspired by Lyn Alden - https://www.lynalden.com/ • For more information visit - www.yungfi.com • 🧡 Support our work - / yungfi • 💙 Follow us on Twitter - / yung_finance • 💸 Donate to our team with Bitcoin Lightning - https://zbd.gg/yungfi • Timestamps • 00:00 Intro • 01:57 What is proof of work? • 04:10 Benefits of proof of work • 07:30 What is the proof of stake? • 08:30 Ethereums complexity problem • 10:18 Ben Edgington other problems with proof of stake • 11:23 Proof of stakes centralization issue • 13:26 Proof of work is similar to money like assets • 15:54 Power distribution in proof of work • 18:22 Power distribution in proof of stake • 19:16 Bitcoins blocksize war • 21:14 Ethereums scaling issues • 22:35 Centralization of smart contract platforms • 23:01 The risks of proof of stake and ethereum

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