Proof of stake consensus is getting carried out by main blockchains like Ethereum, Tezos & Cardano. Will this result in mass centralization amongst validating nodes? Could centralization worsen than proof of labor ASIC mining centralization? Centralized exchanges will probably be staking proof of stake tokens from consumer’s deposits, ensuing within the exchanges proudly owning a majority of the block producing nodes. What may be performed to cease this development in energy by massive exchanges? Tune in to search out out!
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? Time Stamps ? 00:08 Introduction: The Chico Zone & Proof of Stake 01:12 Ethereum, Tezos & Cardano Are Moving To Proof of Stake & Have Large Market Share 02:20 Large Exchanges Will Staking User’s Deposits Thus Controlling Validator Nodes & Influence Over The Networks 03:15 There Is Mining Centralization With Proof of Work, But WIll It Be As Bad As Proof of Stake? 04:04 Exchanges Are Moving On Becoming The Largest Holders of Proof of Stake Coins: Tezos, Ethereum & Stratis 05:36 Who Can You Blame? 05:57 What Can Be Done To Stop This? Decentralized Exchanges! 06:28 Conclusion
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