Questions and Answers to CEX.IO Videos
Proof-of-Works vs Proof-of-Stake: Battle of the Nerdy Titans
1. What is one drawback of Proof-of-Stake (PoS) mentioned in the video?
✔️ "Rich get richer"
2. What is the main advantage of Proof-of-Stake (PoS)?
✔️ Lower energy consumption
3. What happens in Proof-of-Stake (PoS) if you have more tokens staked?
✔️ You have a better chance of validating blocks
4. What is the main characteristic of Proof-of-Work (PoW)?
✔️ Energy-hungry and complex
5. What does Proof-of-Work (PoW) rely on to secure the network?
✔️ Solving math problems
6. What does Proof-of-Stake (PoS) require in order to earn rewards?
✔️ Staking tokens
7. What type of "pain" is associated with Proof-of-Work (PoW)?
✔️ Energy consumption
8. Which blockchain method does the video suggest is the more eco-friendly option?
✔️ Proof-of-Stake
9. What is Proof-of-Work (PoW) often compared to in the video?
✔️ Heavy-lifting, hard-working veteran
10. What is the primary method of earning rewards in Proof-of-Stake (PoS)?
✔️ Staking tokens
11. How does Proof-of-Stake (PoS) compare to Proof-of-Work (PoW) in energy usage?
✔️ Pos is more eco-friendly
12. What is the key difference between Proof-of-Work (PoW) and Proof-of-Stake (PoS)?
✔️ The way they validate transactions
Follow and like for next episodes