Does PoS EVEN WORK? Programmer explains.

in dlive •  7 years ago 

Thumbnail

Proof of Stake and Proof of Work are two common consensus algorithms. There is always a debate between the two camps and today we are gonig to discuss pros and cons of each solution.

Thanks for watching guys 💝

DLive (decentralized streaming): https://dlive.io/@ivanli
Twitch:

🎓 LEARN SMART CONTRACT PROGRAMMING http://coding.ivanontech.com
🎓 Join my online academy https://academy.ivanontech.com
📣 Join Telegram channel https://t.me/joinchat/AAAAAE2xJE4l8xhC8MU4cg
🎤 If you would like me to speak at your conference, book me here: https://ivanontech.com
🍻 Join the crypto discussion forum - https://thecrypto.pub
📚 Get my free e-book on Bitcoin and Blockchain - http://eepurl.com/c0hyc9 you will receive the book in your inbox once you sign up

👫👭👬Social:
LinkedIn: http://linkedin.com/in/ivanliljeqvist/
Instagram: http://instagram.com/ivanontech/
Steemit: https://steemit.com/@ivanli
Facebook: http://facebook.com/ivanontech/
Exclusive email list: http://eepurl.com/c0hyc9

🤑 Buy cryptocurrencies: https://www.coinbase.com/join/529bab0ab08ded7080000019

💰 Secure your Crypto with Hardware Wallets:
Ledger: https://www.ledgerwallet.com/r/4607
Trezor: https://trezor.io/?a=rvj3rqtje3ph

DISCLAIMER: This is NOT financial advice. This is just my opinions. I am not responsible for any investment decisions that you choose to make.

Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins.

Ivan on Tech by Ivan Liljeqvist

My live stream is at DLive

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

As a programmer I really like your videos! Thanks for sharing and please keep the great work up!

@ivanli your programing explain about btc or other currency is really informative and helpful for crypto holders..your today topic is very essential "Does PoS EVEN WORK". Its really helpful for us specially me..".Proof of Stake and Proof of Work" is very good concept to discuss @ivanli... Thanks. I am now watching your programming analysis.

as a graphic student truely said this video was just awesome. still i learning so many program on this video. Thank you so much @ivanli for your this important video.

Didn’t know you could have more than 5 tags. This is the first post I’ve noticed that. Thanks for the post and video explanation! Resteem

Nice education. We need more people like you in the space.

Hi Ivan !

Thanks for showing all the exact difference between PoW and PoS. By the way I loved your paper drawings. Really made it very clear do keep everything in mind. I also think PoW is far better since it is not necessarily the case that the richer always will get more Coins like in PoS. But of course I know that lots of whales and people with a shit tone of Coins will prefer PoS to always get more.

I also think though that Steem goes also a very good way since you still have to put some work into creating your content to get rewards although the richer guys have more voting power though of course which is always two sided.

What about delayed proof of work? Thoughts on Komodo?

  ·  7 years ago (edited)

@ivanli: Can you make a another more detailed video for the programming course? There are a lot of question/uncertanty:

  • how many hours does the course demands?
  • do you need to follow it live?
  • how do you give support?
  • what if it's to difficult?
  • what's the table of content?
    Etc etc...

I know that some of these questions are answered on http://coding.ivanontech.com but it would be nice to have a live show!
One more chance to shill it... ;)

Good suggestion!!

10+ h, no pre-recorded, we will have a FB group where students can help each other, we will help as well, but might be hard to support thousands of students so we don't promise what. You can get refund within 30 days. Table of content will be when the course is released in june.

can i get your fb group link? i want to join here. because i want to learn. i am programmer so this is so important for me.

the group will launch for students when the course launches

today i just watch your all videos. you are so talented as a programmer. believe me today you made my day. we want to learning so many think. this video explain it so easy. that's why i understand. you explain at dtube so this is very good one. keep it up buddy.

is totally not a divisive topic :P

once more time you blast at dtube. your dtube dlive broadcast is amazing. i really enjoy when i see you at a dlive. that's very good man. and this programs are you guys are explain it so well. analysis it also good. you work very hard. thanks man for sharing with us your all contact link. now i will keep your touch. thanks man.

you are right. agree with you. we are learning so many important thing from Ivan to trach all side, any where. he is the champion.

Carbon footprint is nonsense, wake up and see the chaotic nonlinear system that Earth's climate is and realize that past data does not predict future fluctuations in such a system. Climate hysteria is just that: hysteria.

Good post@ivanli

  ·  7 years ago (edited)

Thanks for a great video. It will be interesting to see which concept actually wins. Proof of stake is more ecological and there is fairer distribution of wealth, but proof of work is revolutionary in the fact that it turns a real asset -electricity into a digital asset, wich is truly revolutionary if you think about it.

I think Proof of Stake will blow up soon, within the next few years the up and coming PoS coins will get running and once they are seen actually working, everybody will want them. The nay sayers are the same kind of people who deny that any change can happen in the world, the same kind of people who 10 years ago would have said something like bitcoin could never have any value.

hello sir good morning crypto and hay sir ivanli you got a new dp on your looking good thanks for the informations and great videos it will really helpa lot!

Ivan,

Recently purchased the pre sale for your Smart Contract Programming course. I will be setting aside time in the summer to complete the coursework. Do you have a rough estimate as to how many hours of content we can expect? I'd like to have an idea as to how long the course will take to complete.

I am a fan, have a nice stream!

check out my streams as well, welcome to dlive fam!

The live, on iOS, is crashing.

  ·  7 years ago (edited)

Yea two different sides of coin

Thank you for promoting STEEMIT/DLIVE <3

The way you explain your things simplifies life for some of us and it becomes easier to educate the community thsnk you so much

Hi Ivan, thanks for sharing your insights in this topic and I learnt a lot! Keep up with the good work?

Can you elaborate on the "Nothing to stake" part, coz I don't quite understand how that's a problem for POS. Thanks.

hopefully later i can be as good as you guys ,, i will keep trying

I believe PoW is very effective; the technology has managed the bitcoin blockchain for years, which is why bitcoin continues to increase its popularity.

After watching your dlive video, i belive that proof of work is better than proof of stake...Thanks @ivanli for your effective and nice explanation

Very interesting video. Thanks for posting. The future of POS is going to be interesting.

@ivanli it's great to see a live stream from you on @DLive. On behalf on the DLive team I want to welcome you.

great stream, where can i find the programming course you talked about?

Great video, thank you for informations!

Hello Ivan!

I've been watching ur streams for a while now, I'm glad you started streaming also on DLive ;)

coding.ivanontech.com :)

I appreciate your videos, keep it up man!!

LEARN SMART CONTRACT PROGRAMMING http://coding.ivanontech.com

Ivan, for just the talkshow I can stand the stationary useless fancy stuff on your desk. But when you're explaining something I would like to see more than 1/3 of the shot being used. Like pan in on the board or bring it closer. This is just some constructive feedback, I like how your channel is developing.

Do you have a previous academy?

great to see on Dlive #CryptoRevolution