The Battle Of The Blockchain Consensus Algorithms: PoW and PoS (Blockchain #3/4)

Presented by

Jay Kumar, NTree International

About this talk

There has been one main consensus mechanism utilised since the inception of Blockchain known as Proof of Work. Many of the best-known cryptocurrencies, such as Bitcoin, have used this system in their fundamental code - although PoW is associated with the high carbon emissions that many say is holding up wider uptake. However with the emergence of Ethereum 2.0 a new algorithm, Proof of Stake, is set to shock and challenge it. In this presentation, we will go through each of these algorithms and the different features they provide. We will be learning about: • What are the features of Proof of Work and Proof of Stake systems? • The benefits and limits regarding each algorithm • Which Cryptocurrencies are using these? • Are there any viable alternative algorithms?

Related topics:

More from this channel

Upcoming talks (1)
On-demand talks (72)
Subscribers (4503)
NTree’s goal is to educate European investors on the investment opportunities in the Chinese and Commodities markets. As the Chinese economy continues to grow at breakneck pace and China remains at the forefront in innovation in high-tech sectors, the investment case for China is stronger than ever. Meanwhile, world market volatility further highlights the necessity for European investors to consider adding Commodities to their portfolios both for diversification, and for momentum. We believe that both phenomena are inextricably linked, and present unique opportunities to the discerning investor - we intend to support investors in uncovering those opportunities.