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@himanshumanghani3603
@himanshumanghani3603 18 күн бұрын
Can reduce royal family dispute on property and also reduce funding issue in startup
@AimeOrtega-t9p
@AimeOrtega-t9p Ай бұрын
Great analysis, thank you! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
@amurojay
@amurojay 2 ай бұрын
I appreciate your honest take on the risks involved in crypto trading.
@rame2678
@rame2678 2 ай бұрын
I’ve watched over 10 videos without understanding this. Thanks to you, now I get it 🎉
@FranceMacia
@FranceMacia 2 ай бұрын
Thanks for the breakdown! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How should I go about transferring them to Binance?
@Erin-p8k
@Erin-p8k 3 ай бұрын
Thanks for the forecast! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How can I transfer them to Binance?
@LydiaWilson-z7n
@LydiaWilson-z7n 3 ай бұрын
Thank you so much for this amazing video! Could you help me with something unrelated: I have USDT in my SafePal wallet along with the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). Could you explain how to move them to Binance?
@santoryoshichsonson
@santoryoshichsonson 4 ай бұрын
the two most popular techniques that proof-of-stake systems use to choose their validators are known as randomized block selection and coin age selection the randomized block selection technique chooses its validators by looking for nodes with the lowest hash value and the highest stake because stake sizes are public the next forger can typically be predicted by other nodes the coin age selection technique selects nodes depending on the length of time that their tokens have been staked the age of a coin is determined by multiplying the number of days the coins have been staked by the number of coins staked after a forging block a node's currency age is reset to zero and they must wait a specific amount of time before forging another block this prevents large stake nodes from controlling the consensus mechanism each cryptocurrency that uses the proof-of-stake algorithm has its own set of rules and procedures to create the best possible combination for their respective ecosystem when a node is chosen to forge the next block it verifies the validity of the transactions in the block signs it and adds it to the blockchain the transaction costs link the transactions in the block are paid to the node as a reward if a node wants to stop foraging its stake and earn rewards will be returned after some time allowing the network to verify that the node hasn't added any fraudulent blocks to the blockchain
@santoryoshichsonson
@santoryoshichsonson 4 ай бұрын
the two most popular techniques that proof-of-stake systems use to choose their validators are known as randomized block selection and coin age selection the randomized block selection technique chooses its validators by looking for nodes with the lowest hash value and the highest stake because stake sizes are public the next forger can typically be predicted by other nodes the coin age selection technique selects nodes depending on the length of time that their tokens have been staked the age of a coin is determined by multiplying the number of days the coins have been staked by the number of coins staked after a forging block a node's currency age is reset to zero and they must wait a specific amount of time before forging another block this prevents large stake nodes from controlling the consensus mechanism each cryptocurrency that uses the proof-of-stake algorithm has its own set of rules and procedures to create the best possible combination for their respective ecosystem when a node is chosen to forge the next block it verifies the validity of the transactions in the block signs it and adds it to the blockchain the transaction costs link the transactions in the block are paid to the node as a reward if a node wants to stop foraging its stake and earn rewards will be returned after some time allowing the network to verify that the node hasn't added any fraudulent blocks to the blockchain
@reanwithkimleng
@reanwithkimleng 7 ай бұрын
❤❤❤❤
@augustinejnr278
@augustinejnr278 7 ай бұрын
🎉🎉🎉
@WilliamBrown-ug1hv
@WilliamBrown-ug1hv 7 ай бұрын
5thScape is on the verge of greatness, invest before it's too late! 🚀💫
@AyeshaMaqsood-kx4yq
@AyeshaMaqsood-kx4yq 7 ай бұрын
99 Bitcoins needs hype. Partnerships and promotions are key 🚀📈
@ventacode
@ventacode 9 ай бұрын
Nicee...
@iteensNFT
@iteensNFT 9 ай бұрын
Good NfT.
@ventacode
@ventacode 9 ай бұрын
Clear !!
@chauncesnowdeal1235
@chauncesnowdeal1235 9 ай бұрын
😣 *promo sm*
@ventacode
@ventacode 9 ай бұрын
Keep uploading bud youre way ahead
@Slance
@Slance 9 ай бұрын
Thanks, appreciate it! We're experimenting with this content format, see what it does :)
@ventacode
@ventacode 9 ай бұрын
@@Slance shorts are good, one sad thing is nowadays there are very less people who are thriving to learn - all other are checking airdrops or shortcuts to make money in this field - but one day this will all change
@KevinKentor
@KevinKentor 9 ай бұрын
Very good production! Now I am more prepared to explore this technology
@ventacode
@ventacode 9 ай бұрын
Good explanation dude
@hixboxon4331
@hixboxon4331 9 ай бұрын
Yes! You're back ❤
@Slance
@Slance 9 ай бұрын
Hello! We sure are :).
@ventacode
@ventacode 9 ай бұрын
Where were you, thats a good one - keep doing better
@Slance
@Slance 9 ай бұрын
We'll certainly try! Glad you enjoyed it :).
@ventacode
@ventacode 9 ай бұрын
@@Slance worth quality content should be appreciated to make media healthy !!
@itsleo3498
@itsleo3498 10 ай бұрын
Can't believe that you have 2K subs yet your videos are still higher quality than most crypto youtubers out here. +1 Subscriber
@BitcoinBrotha1
@BitcoinBrotha1 10 ай бұрын
I’ll stick with poW
@claymo.
@claymo. 11 ай бұрын
Awesome video ! I'm just wondering how do you create these animations ?
@LAQ24
@LAQ24 11 ай бұрын
Outstanding job
@jsmith1899
@jsmith1899 11 ай бұрын
I still do not understand their value and why people are buying them for digital/blockchain ownership which seems totally virtual and not even real?
@sayandcode
@sayandcode 11 ай бұрын
Nice
@feelst.v.35
@feelst.v.35 11 ай бұрын
Is it me or does he sound like the pedo dude from family guy?
@WarrickWyn
@WarrickWyn 11 ай бұрын
PoS is interesting but I’m concerned that we’re sacrificing energy usage for privileged validators taking a hold because they can afford to enter the “contest”. It creates a “class” system that awards the ones with a bigger stake in the system. Curious….
@royplumber
@royplumber Жыл бұрын
Can consensus ever be ever desensitised
@justusstanly9677
@justusstanly9677 Жыл бұрын
How to identit good contract pool
@belina65
@belina65 Жыл бұрын
I don't understand how it works in the case of e.g. blockchain wholesale trade in spare parts or container sea transport, everywhere it's just about coins. How is it? Fraudulent lose some brake pads?
@annazardecka5552
@annazardecka5552 Жыл бұрын
The only thing i dont understand is the problem of nothing at stake if anyone can explain then please do
@averagedudeusa9722
@averagedudeusa9722 Жыл бұрын
I watched this a second time and it makes more since now. Thank you. I’m wondering why can’t AI verify each transaction instead of a node ran by a human? They can program it not to cheat or steal and reduce the impact on the power grid by assigning scattered lower power using computers that are dedicated to the coin. I don’t buy crypto because the fees are too high to make it worth having. If fees were close to zero it would be more attractive to average people. I’m just a dummy though. Just looking for an explanation. Thanks again
@JustinMasayda
@JustinMasayda Жыл бұрын
Humans don't do any of the validation manually, they volunteer their computers (or purchase specialized computers) to participate in the blockchain network. A "node" is just a computer that is running the software which validates transactions. Whether that software is an AI or not doesn't solve the cheating problem. Someone could simply decide not to use the AI or other standard software and write their own cheating software. This is why blockchains need a consensus algorithm like proof-of-stake or proof-of-work to prevent fraud. All of the nodes need a way to verify that none of the other nodes are cheating. People can't simply trust that every node on the network is using fair software and hence a trustworthy node. To your point about using low-power devices, those do exist, but the fact that proof-of-work is inherently costly in energy, because, to put it simply, it requires all nodes to verify the same blocks simultaneously, even though only one node will ultimately succeed. That means most of that energy was "wasted," in the sense that the majority of that computation did not result in a change to the blockchain. But, the process as a whole keeps the blockchain virtually impossible for a single entity to control.
@celiomotta5345
@celiomotta5345 Жыл бұрын
Really good video! Thanks!
@greysub924
@greysub924 Жыл бұрын
Best explaination of proof of stakes. TQ
@SelfTalkwGPT
@SelfTalkwGPT Жыл бұрын
but... why's it gotta be BLACKchain, huh? yooooo...😕 NOT cool. (LOL, sorry I had to...)
@AP-ur2yy
@AP-ur2yy Жыл бұрын
It literally has no use thats wild.
@mario999kart
@mario999kart Жыл бұрын
Proof of Stake is simply that the rich get richer🙌🤮
@gyorgymarschall119
@gyorgymarschall119 Жыл бұрын
If you think about it, it's not any different from pow in that sense. Or how things actually work in real life.
@JasonWilshire
@JasonWilshire Жыл бұрын
this is the stupidest crap I've ever heard of.
@bismarknyarko635
@bismarknyarko635 Жыл бұрын
Nice presentation and concepts well explained. With #metaverse the possibilities are endless. From real estate by #Decentraland to fitness, virtual concerts and gaming by #StepApp, #Sandbox, #AxieInfinity etc. means #metaverse is gradually evolving. But since it's in it early stages we all have to wait and see how it turns out.
@ravendonly1
@ravendonly1 2 жыл бұрын
nice piece of detailed information bro
@devGamersCoders
@devGamersCoders 2 жыл бұрын
Basically web3 helps to own our data ourselves
@anthonyriseley
@anthonyriseley 2 жыл бұрын
PoW mining pools aren’t actually centralising. When I mine bitcoin with my own ASICs I can point that hash rate to any pool. If I want to change pools it takes a minute or so. A mining pool is just another type of node. Any corrupted mining pools will have hashrate redirected pretty quickly.
@gek1915
@gek1915 2 жыл бұрын
Trading unique signed cards between idiots who have a lot of money and time to spend
@ventacode
@ventacode 2 жыл бұрын
Sir can you teach please about how you make these videos
@ventacode
@ventacode 2 жыл бұрын
Perfect explanation, impossible..
@littlematt349
@littlematt349 2 жыл бұрын
The answer is NO - Proof of stake is NOT better …
@notlogic.the.second
@notlogic.the.second 9 күн бұрын
can you also explain why?
@JakubSK
@JakubSK 2 жыл бұрын
Creating money for free is ridiculous, complete nonsense. It should be difficult to create value in order to make it valuable. Simple science.