02 - What are Consensus Protocols?




Explain Blockchain show

Summary: In the second episode, Peter talks about the Proof of Work and Proof of Stake consensus protocols. The importance of consensus protocols are explained and Peter goes into detail with PoW and PoS. Resources: Inventor of Proof of Work: http://www.wisdom.weizmann.ac.il/~naor/PAPERS/pvp.ps Ethereum FAQ to Proof of Stake: https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ