Is proof-of-stake just an elaborate Rube Goldberg machine? Is it possible for an attacker to simply buy up all the stake on a network? Could a competing network be incentivized to do this? Can staking and DeFi co-exist? Can DeFi harm a staking network by offering better returns? In this clip, Andreas examines several common concerns about staking.
These questions are from both the January 2020 and February 2020 Patreon Q&A sessions, which took place on February 29th 2020 & January 25th 2020, respectively. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop
Questions:
00:00 Is Proof-of-Stake just an elaborate Rube Goldberg machine?
05:17 Can staking and DeFi co-exist?
Related:
Bitcoin Q&A: Energy consumption – https://youtu.be/2T0OUIW89II
Bitcoin Q&A: Proof-of-Work (PoW), Proof-of-Stake (PoS), Delegated Proof-of-Stake (DPoS) – https://youtu.be/3W_3AQrQEOM
Bitcoin Q&A: Governments vs. Proof-of-Work or Proof-of-Stake – https://youtu.be/qrwgYDAoZV0
Bitcoin Q&A: The economics of mining pools – https://youtu.be/kZ5QQ__J2Io
Bitcoin Q&A: Mining incentives after 2140 – https://youtu.be/LNSlIiKyZJM
Bitcoin Q&A: Why “energy consumption” math sucks – https://youtu.be/uvFqEofdAZ0
Bitcoin Q&A: The value of proof-of-work – https://youtu.be/ZDGliHwstM8
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in Bitcoin. He is the author of “Mastering Bitcoin,” “The Internet of Money” series, and “Mastering Ethereum.”
Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: aantonop.com
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MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9
Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/
THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs
THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ
Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
German, ‘Das Internet des Geldes’ (v1) – https://amzn.to/2LEiyqO
German, ‘Das Internet des Geldes’ (v2) – https://amzn.to/2VCzse5
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, ‘Интернет денег’ (v1) – https://www.olbuss.ru/catalog/ekonomi…
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang
MASTERING ETHEREUM: https://amzn.to/2xdxmlK
Music: “Unbounded” by Orfan (https://twitter.com/grassfedbitcoin)
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