The Battle Of The Blockchain Consensus Algorithms: PoW and PoS (Blockchain #3/4) 2022 | BrightTALK | 20 June 2022 | Virtual
Venue
What is Qwoted?
Qwoted is a free expert network: we help reporters connect with experts & we help those same experts build relationships with top reporters.
| Event Date |
Tue Jun 21 CEST (over 1 year ago)
In your timezone (EST): Mon Jun 20 6:00pm - Mon Jun 20 6:00pm |
| Location | Virtual |
| Region | EMEA |
Details
There has been one main consensus mechanism utilised since the inception of Blockchain known as Proof of Work. Many of the best-known cryptocurrencies, such as Bitcoin, have used this system in their fundamental code - although PoW is associated with the high carbon emissions that many say is holding up wider uptake. However with the emergence of Ethereum 2.0 a new algorithm, Proof of Stake, is set to shock and challenge it. In this presentation, we will go through each of these algorithms and the different features they provide.
We will be learning about:
• What are the features of Proof of Work and Proof of Stake systems?
• The benefits and limits regarding each algorithm
• Which Cryptocurrencies are using these?
• Are there any viable alternative algorithms?
Speakers
2022 Speaker
PRESENTER:
Jay Kumar
Associate, NTree International Ltd.