{"id":1869,"date":"2021-05-26T22:16:08","date_gmt":"2021-05-26T21:16:08","guid":{"rendered":"https:\/\/adavault.com\/?p=1869"},"modified":"2021-05-26T22:16:10","modified_gmt":"2021-05-26T21:16:10","slug":"pos-versus-pow-2","status":"publish","type":"post","link":"https:\/\/dev.adavault.com\/index.php\/2021\/05\/26\/pos-versus-pow-2\/","title":{"rendered":"PoS versus PoW"},"content":{"rendered":"\n<p>Charles has just put out a great video (triggered by some comments from Jack Dorsey about the relative merits of Proof of Work) that explains Proof of Stake and some of the design decisions that fed in Ouroboros, the protocol that underpins the Cardano network.<\/p>\n\n\n\n<p>Detailed, but if you want a technical analysis this is it&#8230;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Video for Jack: PoW versus PoS\" width=\"700\" height=\"394\" data-src=\"https:\/\/www.youtube.com\/embed\/lMZ1xQzWtl4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>Charles mentions a few papers in the video which we link for convenience:<\/p>\n\n\n\n<p><a href=\"https:\/\/eprint.iacr.org\/2014\/765.pdf\">The Bitcoin Backbone Protocol: Analysis and Applications<\/a>, Juan A. Garay Texas A&amp;M University\u00a0garay@tamu.edu, Aggelos Kiayias\u2020\u2021\u00a0University of Edinburgh, IOHK\u00a0akiayias@inf.ed.ac.uk, Nikos Leonardos\u2020\u00a7, National and Kapodistrian University of Athens.\u00a0nikos.leonardos@gmail.com, August 14, 2020<\/p>\n\n\n\n<p><a href=\"https:\/\/eprint.iacr.org\/2016\/889.pdf\">Ouroboros: A Provably Secure Proof-of-Stake Blockchain Protocol<\/a>, Aggelos Kiayias\u2217\u00a0Alexander Russell\u2020\u00a0Bernardo David\u2021\u00a0Roman Oliynykov\u00a7\u00a0July 20, 2019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Charles has just put out a great video (triggered by some comments from Jack Dorsey about the relative merits of Proof of Work) that explains Proof of Stake and some of the design decisions that fed in Ouroboros, the protocol that underpins the Cardano network. Detailed, but if you want a technical analysis this is&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[75],"tags":[238,107,237],"class_list":["post-1869","post","type-post","status-publish","format-standard","hentry","category-cardano-community","tag-ouroboros","tag-pos","tag-pow"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PoS versus PoW - ADAvault<\/title>\n<meta name=\"description\" content=\"The ADAvault blog\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.adavault.com\/index.php\/2021\/05\/26\/pos-versus-pow-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PoS versus PoW - 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