The PoW vs. PoS Debate | Lyn Alden & Justin Drake
Bankless28 Mars 2022

The PoW vs. PoS Debate | Lyn Alden & Justin Drake

Lyn Alden is the Founder of Lyn Alden Investment Strategy and an expert in macro markets who’s also a strong Bitcoin, proof-of-work proponent. Her friendly counterpart, Justin Drake is a researcher at the Ethereum Foundation and is pro proof-of-stake. Both are recurring guests on Bankless!

The two experts debate which is better: proof-of-work or proof-of-stake for creating a global-crypto money system? Other topics include: economic security, deterrence and recoverability in the face of the dreaded 51% attack, minimization of governance power, economic fairness, commodity vs. equity money, and so much more!

Which is your preference, proof-of-work or proof-of-stake? Warning: after this debate, your preference may change.

------
✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode
https://shows.banklesshq.com/p/debrief-the-pow-vs-pos-debate-lyn

------
📣 ZERION | Trade Across 7 Networks and 500+ protocols
https://bankless.cc/Zerion

------
🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------
BANKLESS SPONSOR TOOLS:

👀 POLYGON | LAYER 2 DEFI
https://bankless.cc/Polygon

❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across

🦊 METAMASK | THE CRYPTO WALLET
https://bankless.cc/metamask

💳 LEDGER | THE CRYPTO LIFE CARD
https://bankless.cc/Ledger

🧙‍♂️ ALCHEMIX | SELF REPAYING LOANS
https://bankless.cc/Alchemix

🦄 UNISWAP | DECENTRALIZED FUNDING
https://bankless.cc/UniGrants

------
Topics Covered:

0:00 Intro
6:15 Backgrounds
8:12 The Better Monetary Premium
11:00 Equity, PoS, Commodity, PoW?
23:30 Hypothetical PoS Bitcoin
30:25 Lyn’s Rebuttal to Multiple Justin Claims
36:05 Justin’s Rebuttal to Multiple Lyn Claims
44:50 Inherently Fair or Unfair?
53:27 Different Kinds of Risk
57:30 Client Diversity
1:03:00 Lyn’s Macro Perspective
1:13:00 Justin’s Technical Perspective
1:17:42 Governance & Memes
1:29:55 The Rich Get Richer?
1:32:35 Closing Arguments

------
Resources:

Lyn’s Proof of Stake Article
https://www.lynalden.com/proof-of-stake/

Economic Security & Efficiency
https://docs.google.com/spreadsheets/d/1KdzhgbTqhRd0LndK4R8c50OK-s6W568Ydd1aytokwbs/edit#gid=0

Lyn’s Twitter
https://twitter.com/LynAldenContact

Justin’s Twitter
https://twitter.com/drakefjustin

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(1283)

Dencun 101: Tim Beiko Explains Ethereum’s Upgrade and Beyond

Dencun 101: Tim Beiko Explains Ethereum’s Upgrade and Beyond

Ethereum's next hard fork is here and we're joined by Tim Beiko from the Ethereum foundation to walk us through and explain what it all means. He shares a comprehensive guide on each and every EIP al...

13 Mars 202454min

Tokenizing Real World Assets | Robert Leshner

Tokenizing Real World Assets | Robert Leshner

Can we Tokenize the World? Robert Leshner, creator of Compound and one of the forefathers of DeFi, is on a mission to do so. With his new company Superstate, new product, tokenized t-bills and new loc...

12 Mars 20241h 14min

213 - Justin Sun: On Tron, Vitalik, and Becoming Humble

213 - Justin Sun: On Tron, Vitalik, and Becoming Humble

✨ DEBRIEF | Ryan & David unpacking the episode: https://www.bankless.com/debrief-justin-sun  ------ Justin Sun, the Controversial Founder of TRON has finally entered the chat. This episode is packed w...

11 Mars 20241h 17min

ROLLUP: All Time High Debate | New ETF Record | Wormhole Airdrop

ROLLUP: All Time High Debate | New ETF Record | Wormhole Airdrop

Weekly Rollup 2nd Week of March ----- ➡️ Apply to the Cartesi Grants Program here:  https://bankless.cc/Cartesi  ------ 🎧 Listen On Your Favorite Podcast Player:  https://bankless.cc/Podcast  -----...

8 Mars 20241h 7min

The RFK Interview

The RFK Interview

An in person interview with presidential candidate RFK Jr. who shares his takes and policies on the state of crypto in the United States. To learn more, visit https://www.kennedy24.com/  ------ 🏹 USE...

7 Mars 20245min

AI Memecoins & Lessons for Narrative Investing

AI Memecoins & Lessons for Narrative Investing

Ryan and David share another Bankless Takes episode where they discuss their AI memecoin analysis, why AI crypto tokens are a big deal, how to speculate on narratives like AI memecoins (lessons and gu...

6 Mars 202457min

212 - Tether CEO on Their $100B Stablecoin ($USDT)

212 - Tether CEO on Their $100B Stablecoin ($USDT)

Paolo Ardoino is the CEO of Tether, the $100 Billion stablecoin company that owns more U.S. Treasuries than most countries. We explore why Tether is winning, how it’s helping people in emerging market...

4 Mars 20241h 20min

ROLLUP: Bitcoin ATH's In Sight | Coinbase Crashes | Blast Mainnet Live

ROLLUP: Bitcoin ATH's In Sight | Coinbase Crashes | Blast Mainnet Live

Bankless Weekly Rollup Last Week Of February ------ 🌐 CARTESI | MODULAR EXECUTION ON LINUX  https://bit.ly/3SYkjzF  ------ 🎧 Listen On Your Favorite Podcast Player:  https://bankless.cc/Podcast  --...

1 Mars 20241h 16min

Populärt inom Politik & nyheter

svenska-fall
motiv
aftonbladet-krim
p3-krim
aftonbladet-daily
politiken
flashback-forever
rss-sanning-konsekvens
rss-krimreportrarna
rss-krimstad
rss-flodet
spar
rss-frandfors-horna
rss-vad-fan-hande
krimmagasinet
blenda-2
spotlight
rss-expressen-dok
sydsvenskan-dok
olyckan-inifran