Preston Pysh interviews MIT Graduate student Jason Lowery, who's a security researcher from the Department of Defense on Proof of Work and Proof of Stake protocols.
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Bitcoin Fundamentals Podcast:
IN THIS EPISODE, YOU’LL LEARN:
00:00:00 - Intro 00:00:41 - Why are property rights an important starting point for understanding the differences between Proof of Stake (PoS) and Proof of Work (PoW) 00:07:19 - What is Abstract Power versus Physical Power and why are they important for understanding Proof of Stake (PoS) vs. Proof of Work (PoW) 00:22:08 - Why do the rules around property rights keep breaking down throughout time 00:40:07 - Explain the importance of basic computer science and how computer programs work so we can understand the differences in Proof of Stake (PoS) and Proof of Work (PoW) 00:50:21 - A general introduction to Proof of Stake (PoS) vs. Proof of Work (PoW) 01:00:44 - Hal Finney and Adam Back's contributions to developing the first blockchain 01:19:09 - If you were going to exploit a PoS or PoW system how would that work 01:23:33 - Creative destruction and how it applies to protocols 01:33:56 - Jason's thoughts on Jamie Dimon liking everything but PoW 01:40:47 - Vitalik Buterin's comments on PoS not being tethered to physical reality 01:45:05 - How has the faculty at MIT responds to your research 02:03:19 - If you had a message to policy makers, what would it be
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