top of page

Crypto Part 2




Jordan and Wyatt continue the discussion on cryptocurrency. They discuss the different methods of verifying cryptocurrency transactions, proof of work and proof of stake, as well as some of the advantages and disadvantages of each. Proof of work consists of computers racing to be the first to add transactions to the blockchain in exchange for a crypto reward, while proof of stake involves the rewarding of patient investors who commit, or “stake” their cryptocurrency in exchange for a chance to verify a blockchain transaction. We also touch on stable coins, which are pegged to a stable asset and can help minimize volatility while earning interest.

79 views

Recent Posts

See All

College Planning Basics

Tyler and Chuck sit down to discuss College planning. The discussion begins with having the end in mind by knowing the current costs of...

Comments


bottom of page