Preston Van Loon joins Alex Saunders to discuss the transition to proof of stake, its security implications, and benefits.
SHARE
79
19
Featuring Preston Van Loon and Alex Saunders
Dec 31, 2020 • 26 minutes
Preston Van Loon, cofounder of Prysmaic Labs, joins Alex Saunders, founder & CEO of Nuggets News, to discuss the transition to proof of stake, its security implications, and benefits. Van Loon expounds on the differences between Proof of Work (POW) and Proof of Stake (POS) and the ability to stake Ether after the transition to POS turns Ether into a yield bearing asset. Van Loon also explains why Eth 2.0 is beneficial from both a security efficiency standpoint and from an investment perspective. Filmed on July 14, 2020. Key Learnings: Ether becomes a yield bearing asset with the transition to proof of stake, and the cost to secure the network is reduced compared to proof of work protocols. As a result, the stock to flow ratio for Ethereum will be significantly better than that of Bitcoin once the transition to proof of stake is made.
Show MoreIn the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.
More EpisodesIn the fast-moving world of cryptocurrency, Real Vision CRYPTOVERSE works at an accelerated pace to keep you ahead of market swings and ever-evolving innovations. Crypto's smartest minds sit down for in-depth discussions covering everything from the blockchain and DeFi to NFTs, Web 3.0., the Metaverse, and what's still beyond the visible horizon.
More Episodes
COMMENTS
Sort ByAccess Crypto Content
This content is reserved for the thousands of visionaries supporting the financial revolution. We'd love for you to join us. Interested?
Join NowAlready have an account? Log In