Bitcoin Q&A: Proof-of-Work (PoW), Proof-of-Stake (PoS), Delegated Proof-of-Stake (DPoS)
Channel: aantonop
Date: 10/10/2017

What is the difference between proof-of-work (PoW), proof-of-stake (PoS), and delegated proof-of-stake (DPoS)?

0:00 What is the difference between proof-of-work (PoW), proof-of-stake (PoS), and delegated proof-of-stake (DPoS)?
0:31 Proof-of-work
0:55 Proof-of-stake
2:09 Problems with proof-of-stake
2:59 Difference between proof-of-work and proof-of-stake
3:25 Once something is recorded on the blockchain you can't go back and change it
5:06 Delegated proof-of-stake
5:46 I think we're going to see combination systems
6:30 What can we say about the security of these systems?

This is part of a talk which took place on July 7th 2017 at a Bloktex event hosted by the Wisma BeeOn Group in Kuala Lumpur, Malaysia: https://antonopoulos.com/event/the-future-of-money-kuala-lumpur-malaysia/

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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and well-respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388

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