BTC098: Proof of Stake (PoS) Versus Proof of Work (PoW) w/ Jason Lowery (Bitcoin Podcast)

  • Thread starter We Study Billionaires - The Investor’s Podcast
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We Study Billionaires - The Investor’s Podcast

Guest
IN THIS EPISODE, YOU’LL LEARN:

  • 01:58 - Why are property rights an important starting point for understanding the differences between Proof of Work (PoW) and Proof of Stake (PoS)?
  • 07:41 - What is Abstract Power versus Physical Power and why are they important for understanding PoS Vs PoW?
  • 20:45 - Why do the rules around property rights keep breaking down throughout time?
  • 40:45 - Explain the importance of basic computer science and how computer programs work so we can understand the differences in PoS and PoW.
  • 49:50 - A general introduction to PoS and PoW.
  • 57:25 - Hal Finney and Adam Back’s contributions to developing the first blockchain.
  • 01:15:15 - If you were going to exploit a PoS or PoW system, how would that work?
  • 01:23:08 - Creative destruction and how it applies to protocols.
  • 01:31:59 - Jason’s thoughts on Jamie Dimon liking everything but PoW.
  • 01:38:15 - Vitalik Buterin’s comments on PoS not being tethered to physical reality.
  • 01:42:17 - How has the faculty at MIT responds to your research?
  • 01:58:30 - If you had a message to policy makers, what would it be?



*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.



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