Published On Mar 21, 2018
Cryptocurrencies use a ton of electricity because of mining. In recent years people started working on a different technique called Proof-of-Stake. Not only does it use less energy, it can also be more secure.
(This video is a re-upload to fix a mistake I made in the previous one. Sorry about that!)
💌 Sign up for Simply Explained Newsletter:
https://newsletter.simplyexplained.com
Monthly newsletter with cool stuff I found on the internet (related to science, technology, biology, and other nerdy things)! No spam. Ever. Promise!
💰 Get $10 of free Bitcoin:
Use my Coinbase affiliate link, and we'll both get $10 of free Bitcoin when you deposit $100:
https://coinbase.com/join/decuyp_9
📚 Sources for this video:
https://www.savjee.be/videos/simply-e...
🌍 Social
Twitter: / savjee
Facebook: / savjee
Blog: https://savjee.be
❤️ Become a Simply Explained member: / @simplyexplained
#proofofstake #blockchain #mining #simplyexplained #crypto