Vitalik Buterin: Ethereum, Cryptocurrency, and the Future of Money | Lex Fridman Podcast #80
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Further reading 1
Caption notes
Buterin uses a virtual miner to explain the proposed proof-of-stake design at the time. Coins locked up influence the chance to produce a block, changing the resource participants must commit.
Public machine transcript (may contain transcription errors) ↗Original passages · 2
how much coins you're kind of locking into this mechanismthe right to create blocks at particular intervals