What is the true set of differences between Proof of Work, and Proof of Stake? What are the engineering mindsets behind them both, and which is built explicitly to survive in the worst-case scenarios?
Find out this and more in today’s read of Hugo Nguyen’s excellent piece “Proof of Stake & the Wrong Engineering Mindset.” This will be the beginning of a short series that will finish out our week attacking the PoS design from all angles. Subscribe so you don’t miss it.
Follow Hugo on Twitter and Medium to explore his other great work and so you don't miss his next one!
https://twitter.com/hugohanoi
https://medium.com/@hugonguyen/proof-of-stake-the-wrong-engineering-mindset-15e641ab65a2
Other great Episodes and works mentioned in today’s commentary:
Nassim Taleb's "Block Swan"
https://www.amazon.com/Black-Swan-Improbable-Robustness-Fragility/dp/081297381X/ref=sr_1_1?keywords=black+swan+nassim&qid=1576710842&s=books&sr=1-1
CarCampit's "Bitcoin Blockade runner"
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_160---Bitcoin--Blockade-Runner-of-the-Information-Age-CarCampit-e2ndpf
The Drunkard's Walk
https://amzn.to/2Mzzr2K
The Bitcoin Survivor's Book List
https://thecryptoconomy.com/bitcoin-survivors-book-list/
Hugo Nguyen's other great articles in audio:
Ethereum Architecture is Flawed
• https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_223---Ethereum-Architecture-is-Flawed-Hugo-Nguyen-e3i5k1
Anatomy of Proof of Work
• https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_158---Anatomy-of-Proof-of-Work-Part-1---Hugo-Nguyen-e2ndpg
Bitcoin, Chance, and Randomness
• https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_159---Bitcoin--Chance--and-Randomness-Part-2---Hugo-Nguyen-e2ndpi
If you want to support the show and join the Cryptoconomy Telegram crew, become a patron below!
https://www.patreon.com/thecryptoconomy
"One of the amazing things about the internet economy is how different the list of top internet properties today looks from the list ten...
"These contributions were pivotal in the image generation space, setting Stable Diffusion on a different path from Dall-E. Having an open model led to ...
A long and intense discussion on the vast chasms between the normal view of the world, and that which Bitcoin instills and requires of...