PoS will probably replace the PoW platforms before too long. Its just much more economical, and environmentally friendly, to have PoS. Furthermore, it provides incentives (usually coins from staking) that makes it a better hold than PoW.
This is such a great way to explain the difference! Usually what I use to explain these concepts to a lay man involves a scenario about passing information where a link in a chain is a liar. The production quality is becoming better and better with every video, kapatid! Awesome job!
Also, I kept LOL-ing about the Proof of Steak pic up until the end of the vid haha!
Thank you pare! I feel your frustration with explaining these concepts hahah! Definitely not an easy task, but necessary if we wanna raise awareness + increase adoption.
Thanks for the nice info
Thanks for watching!
Well-written post and nice video! Keep up this great Content!
Thanks for your support, I'm glad you like it!
PoS will probably replace the PoW platforms before too long. Its just much more economical, and environmentally friendly, to have PoS. Furthermore, it provides incentives (usually coins from staking) that makes it a better hold than PoW.
I agree, plus transactions are so much faster! I'm super bullish on a ton of different PoS coins!
great video very clear and concise examples!
Thanks, I'm very glad you enjoyed it!
This is such a great way to explain the difference! Usually what I use to explain these concepts to a lay man involves a scenario about passing information where a link in a chain is a liar. The production quality is becoming better and better with every video, kapatid! Awesome job!
Also, I kept LOL-ing about the Proof of Steak pic up until the end of the vid haha!
Thank you pare! I feel your frustration with explaining these concepts hahah! Definitely not an easy task, but necessary if we wanna raise awareness + increase adoption.
Thanks Dan, I appreciate your support & kind words as always!