DiscoverProsperous: Investing in Common SenseEpisode 14: What is Proof of Work? Why you should know about it
Episode 14: What is Proof of Work?  Why you should know about it

Episode 14: What is Proof of Work? Why you should know about it

Update: 2021-11-12
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We are often asked for a super basic, first principles explanation of Proof of Work. We make our best attempt to boil down PoW to its most basic points. 

We  discuss:

- What are the basics of Proof Of Work and how to think of it simply
- What's a good analogy and how it can be thought at as a game
- Some elegant aspects of PoW in the Bitcoin network design
- Data on ESG concerns  and how to think about Bitcoin's energy use long-term
- Why energy in the Bitcoin network is programmed to go down over time
- What makes an attack so difficult?

We do not provide financial advise in any form.  All information is our opinion and for entertainment use.

Every Podcast we add a video or podcast we think of as Value add:

Anthony Pompliano: EXCLUSIVE Michael Saylor Interview
https://www.youtube.com/watch?v=c3E91-RGjQE
Here, Saylor discusses how Microstrategy came to buy Bitcoin initially, the thought process at the time and how he looks at it one its one-year anniversary. 

Questions? Comments?

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https://twitter.com/PodcastNoobs

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https://www.facebook.com/thecryptonoobs


Thanks again for the interest.  We really appreciate it!
We encourage discussion, feedback and topical suggestions.   Please reach out anytime!

The information provided in this podcast is for educational and informational purposes only and should not be construed as financial, investment, tax, or legal advice. Always consult with a qualified professional before making any financial decisions.

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Episode 14: What is Proof of Work?  Why you should know about it

Episode 14: What is Proof of Work? Why you should know about it

Alexandre Fuchs & Gabriel Riesco