Proof of Work vs. Proof of Stake with Medha Parlikar of Casper Labs

Sign up for our newsletter at https://Evolvement.io. Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world. In this episode, I sat down Medha Parlikar the CEO of CasperLabs. CasperLabs is working to create a better model of Proof of Stake. Utilizing a proof of stake system offers a security and consensus model that does not waste all the electricity associated with Proof of Work , while also making cryptos more accessable to miners. The new 2.0 version of Ethereum will operate on a modified Proof of Stake model. The incentive model will different which may disrupt the mining ecosystem as it rewards stakers on a regular interval. Learn more at https://casperlabs.io/ Thank you to Medha for her time. Thank you to our sponsors CasperLabs! And thank you to all our listeners! You guys help make this possible. Timestamps 00:01:45 How are things going over at Casper Labs? 00:02:20 Who are you and what is Caspter Labs? 00:04:10 What is the difference between Proof of Work and Proof of Stake? 00:06:10 Why is proof of work wasteful? 00:08:50 What is Slashing in the Proof of Stake Model? 00:10:10 Why did you decide to go with a Proof of Stake Model? 00:12:30 Is there room for the Proof of Work model? 00:16:20 Is a hybrid model of PoW and PoF useful? 00:18:45 How is Ethereum 2.0’s staking going to affect the environment? 00:23:30 What are some of the downsides to Proof of Stake? 00:26:10 What are the attack vectors of the Proof of Stake model? 00:28:00 How is CasperLabs Proof of Stake fully decentralized?