Legends of the Ledger: How the energy efficiency of different blockchains affects the world: Vox Media + Tezos

The story of blockchain technology today is a story of two consensus mechanisms: Proof of Work and Proof of Stake. Both mechanisms are widely used by the largest blockchains, and both are proven to safely secure the networks, but they are fundamentally different. This explainer video breaks down the difference in an instantly appealing way through the metaphor of a classic 8-bit video game, showing how the Proof of Stake consensus mechanism uses only a fraction of the energy used by Proof of Work. Making the complicated comprehensible is the goal of an explainer, and almost nothing could benefit from more clarity than blockchain!

Details:

Publisher:

Vox Media

Advertiser:

Tezos

Industry:

Finance

Topic:

Finance

Details:

Publisher:

Vox Media

Advertiser:

Tezos

Industry:

Finance

Topic:

Finance
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