What is Proof of Stake? How it works (Animated) + Ethereum 2.0 Upgrade!

Proof of Stake is a consensus model used by many cryptocurrencies (including Ethereum 2.0) that switches the way it picks the miners or validators that confirm blocks. Instead of letting luck pick those with the largest or fastest computers, proof of stake switches to a random selection process of those that put up a stake to validate future transactions.

Пікірлер: 297

  • @rashishshingi3683
    @rashishshingi3683 Жыл бұрын

    I have been following this channel for quite some time now - and the information is helpful beyond words. I'm fascinated by the topics themselves as well as your clarity of understanding and way of explaining these topics. Hats off to you both! And yes, would be grateful if you could create a video on delegated proof-of-stake.

  • @KingOmarcO
    @KingOmarcO2 жыл бұрын

    I don’t usually comment on KZread videos but this is amazing, I understood everything you said even with my limited knowledge about Crypto ! Keep it up !

  • @nicolasruf9508
    @nicolasruf9508 Жыл бұрын

    Best video I've come across to understand proof of work vs proof of stake. Thanks.

  • @chrisjaquint4912
    @chrisjaquint49122 жыл бұрын

    I learn so much from your videos - thank you! Also, you graphics are excellent.

  • @aidenmorris4818
    @aidenmorris48182 жыл бұрын

    your channel is great i'm learning all the way from vid 1!

  • @oppertunist-trader
    @oppertunist-trader2 жыл бұрын

    Really like the racing example for proof of work.

  • @evansvincy8559
    @evansvincy85592 жыл бұрын

    Excellent job. I hope you going to do a video on proof of history for solana.

  • @goddyab
    @goddyab Жыл бұрын

    Amazing 👏 explanation first time and I understood it vividly, you are a great Teacher. Thank you.

  • @dimitristsax99
    @dimitristsax992 жыл бұрын

    This channel rocks! Keep up the good work guys!

  • @jguti8967
    @jguti89672 жыл бұрын

    Lol "Satashi"

  • @nmoschen
    @nmoschen2 жыл бұрын

    Awesome work guys! you're rocking it 🎸

  • @stefanoguzzardi8789
    @stefanoguzzardi8789 Жыл бұрын

    Thnak you fro this precious info!!

  • @kritarthbaranwal4126
    @kritarthbaranwal41262 жыл бұрын

    Beautifully explained. Need the delegated proof of stake video. Please consider.

  • @qfranko1
    @qfranko12 жыл бұрын

    thanks for another great video. please, make also a video on the delegated POS. thank you!

  • @dheerajvaid8731
    @dheerajvaid87312 жыл бұрын

    I love all your work in this channel and watched most of videos in 2 days. Will love to see more...May your channel grows in million club. All the best

  • @ahmetarslan4481
    @ahmetarslan44812 жыл бұрын

    Best of the best channel for crypto

  • @luistabatabai6602
    @luistabatabai66022 жыл бұрын

    If you are selected to validate a block in proof of work, do you get a specific reward? Or just the % apy of staking your coins?

  • @irinetz1
    @irinetz1 Жыл бұрын

    Thanks for the video. I'd like to hear more about Delegated PoS.

  • @SCTproductionsJ5
    @SCTproductionsJ52 жыл бұрын

    What software do you use for animations?

  • @fatballerstedt3072
    @fatballerstedt30722 жыл бұрын

    Very well articulated, you have a future, maybe as a crypto wizard 🧙🏿‍♂️ awesome job man, keep up the great work + the energy + the awesome animations

  • @piermori9515
    @piermori95152 жыл бұрын

    Great content ! Definitely interested in the details of delegated proof of stake !

  • @benjaminsmink8192
    @benjaminsmink81922 жыл бұрын

    Great stuff!! Keep it up

  • @DevDocX
    @DevDocX2 жыл бұрын

    Thanks for the video. Did you ever do a video on delegated POS?

  • @paulwahtel7200
    @paulwahtel72002 жыл бұрын

    Guys, you're doing an amazing job, so great videos, very nice to watch, very clear and straigh-forward information, thank you very much for your effort!

  • @moonman239
    @moonman2392 жыл бұрын

    Is there a way to do both regular PoS and delegated PoS? My computer is used in the daytime & goes off at night, so during the day it'd be nice to be a validator, but at night, it'd be great to turn that responsibility over to someone else.

  • @sseemm
    @sseemm Жыл бұрын

    Great video as always PS: you forgot to add sections in the timestamp

  • @Freemoonminecraft
    @Freemoonminecraft2 жыл бұрын

    Great video and explanation. Just one huge error at 7:20 isn't it Satoshi not Satashi? 😂

  • @crypto881
    @crypto8812 жыл бұрын

    It's very unlikely that Bitcoin transitions to POS because those who can vote are mainly those who have invested the most in mining hardware which would be useless then

  • @HarisPervaiz
    @HarisPervaiz2 жыл бұрын

    delegated proof of stake is what exchanges do for us? we stake them there and they do all the work?

  • @gyjomijo
    @gyjomijo Жыл бұрын

    in the analogy: changing the finish line location in a 2/3d track could be better than struck by lighting

  • @olivierberes2154
    @olivierberes21542 жыл бұрын

    would love to see a video on delegated proof of stake

  • @marianov.b.5999
    @marianov.b.59992 жыл бұрын

    Yesssss we want a video on delegated staking!!!!

  • @jadenl629
    @jadenl6292 жыл бұрын

    I would love to see a video on delegated proof of stake!

  • @fatballerstedt3072

    @fatballerstedt3072

    2 жыл бұрын

    Same!! Love your work, very well done

  • @neil1467

    @neil1467

    2 жыл бұрын

    I want to see a video about delegate proof of stake too! What happens when the person that has the validator stops validating in the blockchain. Will the person that is the delegate proof of stake lose their coins too since they are staking it?

  • @dxpdigital5343

    @dxpdigital5343

    2 жыл бұрын

    @@neil1467 you should probably learn the basics of the blockchain first then instead of skipping around randomly

  • @dxpdigital5343

    @dxpdigital5343

    2 жыл бұрын

    @@neil1467 literally tons of short videos about it, do your due diligence and type keywords into a damn search bar. It’s like you have to be handed every single thing…

  • @VipinValsan-VIP-

    @VipinValsan-VIP-

    2 жыл бұрын

    @@dxpdigital5343 why are u being condescending? Neil C is here because he is interested and searched.. By asking questions it shows he is curious, which is a good trait.. While u on the other hand are looking down on him...

  • @budspencer1377
    @budspencer13772 жыл бұрын

    So do I have to run my PC for getting PoS rewards ? because you said at 3:40 that they can took away my staked money if I turn the PC off or loose Internet Connection. Where does the power for the Network come from ?

  • @wonkadewittbukater6322
    @wonkadewittbukater63222 жыл бұрын

    I have 5.1 so I heard it at the center, so, good :)

  • @nickelgamer5806
    @nickelgamer58062 жыл бұрын

    Another excellent video! And I would like to see a video on delegated proof of stake.

  • @mohammadbagheri7940

    @mohammadbagheri7940

    2 жыл бұрын

    me too

  • @yaoxi-hai3308

    @yaoxi-hai3308

    2 жыл бұрын

    What'sapp✙13236478874 More updates on XRP, NFT’s, BTC📊 What'sapp✙13236478874 More updates on XRP, NFT’s, BTC📊.

  • @Funkfreed
    @Funkfreed2 жыл бұрын

    how does the validation happen is this a manual work? or by running a program and leaving it to check the transaction?

  • @p.c2750
    @p.c27502 жыл бұрын

    You have a commendable art of teaching. Thank you

  • @dev5044
    @dev50442 жыл бұрын

    i would love to see a video on delegated proof of stake

  • @dchosendamian1028
    @dchosendamian1028 Жыл бұрын

    question can I still use an asic miner to do proof of stake? If I am home how do I engage in proof of stake on the ethereum network?

  • @AdamTaylor2footgiraffe
    @AdamTaylor2footgiraffe2 жыл бұрын

    Great content

  • @antoniostorcke
    @antoniostorcke2 жыл бұрын

    Proof of stake ls when you find out from friends if the steak in a restaurant is good before you eat there. 😁

  • @jayshah8383
    @jayshah83832 жыл бұрын

    I would love to see a video on delegated proof of stake

  • @raulleaomc
    @raulleaomc2 жыл бұрын

    how does proof of stake validates? I mean, what happen when i get chosen to be a validator? Do i need to let my PC on 24/7 so it can validate the block?

  • @jonathanlivingston7358
    @jonathanlivingston73582 жыл бұрын

    What’s the difference between staking and being a validation? If you stake aren’t you temporarily giving your coins to eventually be picked as a validator? And if you’re picked do you have to download a mining software? Is that how it works?

  • @hoytv2118
    @hoytv21182 жыл бұрын

    wow, please make more vedio, youre content is verry helpful, God Bless

  • @IlXCONDOTTIERO
    @IlXCONDOTTIERO4 ай бұрын

    You’re a G!

  • @auniquehandle
    @auniquehandle2 жыл бұрын

    Please turn on automatic caption (cc) for this video. Thank you

  • @hoikincho320
    @hoikincho3202 жыл бұрын

    Hello I'm new to bitcoin/forex trading and I've been making lot of losses but i see a lot of people earning from it can someone please tell me what I'm doing wrong or at least give me a new strategy

  • @vanessabruckner8306

    @vanessabruckner8306

    2 жыл бұрын

    After a succession of payouts from Frank Woodman, its safe to say that this fellow is legitimate. I don't have any doubts moving forward, he even turned down my gift token and asked me to give it to charity saying 'God has given me all that i need, be his vessel and help those who are less fortunate.

  • @wangying5427

    @wangying5427

    2 жыл бұрын

    Frank has helped me out with the bots I used to trade to earn profits, the WRA autopot really worked wonders and generated a well earns for me

  • @changbill7271

    @changbill7271

    2 жыл бұрын

    Binary trading is not easy to use if you don't know how to read the trends or have a very good strategy, good thing, I have been able to get the best strategy from Frank Woodman, and have taught so many individuals who have benefited from the trade.Teaching and trading for others to be successful is my joy. just like i have received

  • @valeriemelisende3731

    @valeriemelisende3731

    2 жыл бұрын

    The first time I encountered Frank Woodman was in a seminar in Hong Kong sometime last year and he is a man of vision I must say. Highly recommend if the goal is making consistent gains off crypto trading

  • @weiminqiang9941

    @weiminqiang9941

    2 жыл бұрын

    @@valeriemelisende3731 Yea sure, you don't compare Frank to anyone. His expertise is second to none

  • @Easy-3577
    @Easy-3577 Жыл бұрын

    ETH Validators are randomly selected to propose new blocks. There is a time limit of 12 seconds for the whole process to complete. This means that the selected validator must "mine" the next block in just a few seconds. How is this possible with the current ETH validator hardware specs??

  • @itsfarseen
    @itsfarseen2 жыл бұрын

    Could you link a good whitepaper on PoS? Some thing like the original bitcoin paper, is there an original PoS paper?

  • @savannahsawyer4404
    @savannahsawyer44042 жыл бұрын

    we want the delegated proof of stake video!

  • @davidmilne6912
    @davidmilne69122 жыл бұрын

    Extremely helpful as first learning tool. Your work is greatly appreciated.

  • @salparadise5930
    @salparadise59302 жыл бұрын

    Thanks. Another fantastic video

  • @curiouskidsco
    @curiouskidsco2 жыл бұрын

    2nd day of binging crypto vids and ur channel feeding me HARD - Delegated proof of stake for the algo P L S

  • @jackmaxwell3134
    @jackmaxwell31342 жыл бұрын

    This is a promo video for ethereum (which still hasn't switched to POW 7 months later!). I would have hoped for a better explanation about the advantages/disadvantages of POS.

  • @simplyrahul93
    @simplyrahul932 жыл бұрын

    I would like to see a video on delegated proof of stake.

  • @random-characters4162
    @random-characters41622 жыл бұрын

    When someone's stake removes (e.g fake transaction) where it is going?

  • @SupraSav
    @SupraSav2 жыл бұрын

    Wouldn't mind a video about steaks.

  • @ranielnascimentoferreira8808
    @ranielnascimentoferreira88082 жыл бұрын

    SatOshi* Thanks. 😆

  • @wayneitaru
    @wayneitaru2 жыл бұрын

    Still confuse, you stake coin for mining but mining do need computing power isn't it Where that computing power come from again ??

  • @stotle119
    @stotle119 Жыл бұрын

    Would have been great if it were explained where the yield comes from in proof of stake.

  • @munteanuflorin5351
    @munteanuflorin535110 ай бұрын

    hi I'm a newbie in this matter, however, I invested some digital assets in one mining pool and somehow I won some rewards to make withdraws is necessary account verification 20% but after that pass successfully is necessary POS "proof of interest" verification which require 30% additional founds my question is what is that POS verification

  • @aryamankumar2712
    @aryamankumar2712 Жыл бұрын

    Do the users who don't compete in the race get their stake back?

  • @MattThomasLondon
    @MattThomasLondon Жыл бұрын

    Great video - but two questions that come to mind are - given the whole thing is decentralised, how is the decision on the next forger made consistently across all nodes - there is no centralised decider right? Also, perhaps an explanation as to how it might be theoretically possible for a fraudulent transaction to take place - in bitcoin afaik , an invalid transaction is basically impossible, the miners award themselves the correct mining reward in the block they are trying to solve, but that amount is validated and rejected by all nodes of the amount is wring

  • @jonathanlindskog6208

    @jonathanlindskog6208

    10 ай бұрын

    proof of stake is not decentralized

  • @user-gc5kv3cd7j
    @user-gc5kv3cd7j2 жыл бұрын

    What does 51% mean? Say everyone else goes offline, I’m the only one with Bitcoin client running, does that mean I can do whatever change I want?

  • @shivamshukla9836
    @shivamshukla98362 жыл бұрын

    We want video on delegated proof of stake. Thanks for this video, found it informative.

  • @eaglevictory8444
    @eaglevictory8444 Жыл бұрын

    I didn't really unsderstood the part with 51% attack

  • @TopnotchHollywood
    @TopnotchHollywood Жыл бұрын

    Please someone explain poS so I buy 1ethereum and stake it ? That’s it ? And how do I make money on that how much do I make? Is it like staking on binance wallet?

  • @jithin000
    @jithin0002 жыл бұрын

    Please explain XRPL Consensus mechanism also

  • @roberttomsiii3728
    @roberttomsiii37282 жыл бұрын

    Ah lol now my right ear understands as well now.

  • @tridanghuu9956
    @tridanghuu99562 жыл бұрын

    can you show me tool to make a slide like you did?

  • @automategames
    @automategames2 жыл бұрын

    if you stake on ETh 2.0 your funds are stuck untill or IF THEY EVER fix/ finish ethereum...

  • @TarickWalcott
    @TarickWalcott2 жыл бұрын

    Yes! DPos pls!!!

  • @stevesmith4901
    @stevesmith49012 жыл бұрын

    Satashi?! The man's name is Satoshi.

  • @gyanbanjan4742
    @gyanbanjan47422 жыл бұрын

    please make a video on 51% attack.

  • @user-or7ji5hv8y
    @user-or7ji5hv8y2 жыл бұрын

    How will the fraudulent transaction get reversed under POS?

  • @solangeguerrerogutierrez4737
    @solangeguerrerogutierrez47379 ай бұрын

    I want to learn about delegated proof of stake! 🙏

  • @content_chameleon
    @content_chameleon Жыл бұрын

    I want a video on delegated proof of stake)

  • @bodaciouschad
    @bodaciouschad2 жыл бұрын

    Translation: Etherium transferring from PoW to PoS would shut down ETH mining operations and force them to either mine something else, or sell their hardware to recover their costs if they can't turn a profit mining something else.

  • @cigdemturkmen
    @cigdemturkmen Жыл бұрын

    We want video on delegated proof of stake

  • @mohanrajkudur
    @mohanrajkudur2 жыл бұрын

    what is staking a coin mean for anyone like me. I am neither a minor nor validator (i just want to invest in it). Could be able to explain this for some one like me?

  • @hirokulot8965
    @hirokulot89652 жыл бұрын

    Staking is one way of earning in crypto. I do stake then wait then I get small income/profit but its just okay. I really want to stake in mrcr cuz I know they will have bright future in the world of crypto.

  • @markyfbaby
    @markyfbaby2 жыл бұрын

    Looks like Crypto's endgame is centralization

  • @samuelanthony9187
    @samuelanthony9187 Жыл бұрын

    Struck by Lightening 😀

  • @jamalperry4281
    @jamalperry42812 жыл бұрын

    I want to know about delegated proof of stake please make videos.

  • @frankt9156
    @frankt9156 Жыл бұрын

    Does proof of stake solve an easier hash problem? Does that mean it is easier to hack the whole block chain

  • @AndyKegel
    @AndyKegel2 жыл бұрын

    POW gives anyone the opportunity to participate while POS shifts control to the whales. Well done!

  • @ThePipeMonk

    @ThePipeMonk

    2 жыл бұрын

    A minimum amount of 32 ETH is required to even start staking.

  • @JulianSnow
    @JulianSnow Жыл бұрын

    Bro presented PoW vs PoS incredibly well and then said Satashi 💀

  • @lizablove
    @lizablove2 жыл бұрын

    Your work is so, so good! Keep it up. I would love to see more on delegated proof of stake as well as an explanation of the Bitshares DEX. Thank you!

  • @bretthamer3604
    @bretthamer36042 жыл бұрын

    I think you should take a look at hydrachain in one of your videos.

  • @DerekEvan
    @DerekEvan2 жыл бұрын

    When you stake for instance ADA, are your coins actually “technically” being used for anything? What exactly are your tokens doing when they are staked?

  • @Danny2k38

    @Danny2k38

    2 жыл бұрын

    Sweet fck all, its just a stake

  • @johnnylouis5343

    @johnnylouis5343

    2 жыл бұрын

    I just got into bitcoin trading and I made my first profit... I wish I knew about it earlier

  • @morganfrank5200

    @morganfrank5200

    2 жыл бұрын

    How profitable is cryptocurrency investments right now? I’m interested especially since there is a bull run, I need suggestions

  • @blessingphill7180

    @blessingphill7180

    2 жыл бұрын

    Is there a difference between trading btc and just having btc in your wallet?

  • @douglaschris2048

    @douglaschris2048

    2 жыл бұрын

    Bitcoin trading is different, It’s actually the most lucrative way of making money from bitcoin

  • @LookingGlass91
    @LookingGlass912 жыл бұрын

    you forgot to mention how POS incentivizes the cantillon effect, which is one of the main reasons POW is the superior consensus algorithm

  • @egzonvila5749
    @egzonvila57492 жыл бұрын

    we want video on delegated proof of stake

  • @codingsheep2186
    @codingsheep21868 ай бұрын

    Bitcoin code goes on multiple improvements daily, you mentioned otherwise in 7 minute of the video

  • @dinggwa1299
    @dinggwa12992 жыл бұрын

    Make a video on delegated proof of stake!

  • @dinggwa1299

    @dinggwa1299

    2 жыл бұрын

    So if you stake your crypto without having the computer and node set up it's delegated proof of stake? Aka what most people do?

  • @Vaporlze
    @Vaporlze2 жыл бұрын

    Is Ethereum PoS now?

  • @ToddKauffman
    @ToddKauffman2 жыл бұрын

    Isn’t his name Satoshi - not Satashi?

  • @computer1up
    @computer1up2 жыл бұрын

    When will we get a POP consensus algorithm? After all, the proof is in the pudding!

  • @ZackWolfMusic
    @ZackWolfMusic2 жыл бұрын

    Proof of stake is doing proof of transactions in exchange for mining more crypto