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BBH#11 Why PoW Is a Wrong Method to Secure Blockchain-Roberto Capodieci

Started by Rohan, October 07, 2019, 02:16:02 PM

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Rohan



Blockchains use consensus mechanisms in order to secure the network. Bitcoin uses Proof of Work which has been very successful. However, there are newer consensus mechanisms being developed all the time. Each consensus mechanism has its own tradeoffs. It's important to understand which consensus mechanism to choose for a specific use case. Watch the 11th episode of Blockchain Beyond Hype with Roberto Capodieci, Founder and CEO of Blockchain Zoo who talks about Proof of Work, Proof of Stake, and other consensus mechanisms to secure a blockchain.

Read the full interview here: https://blogchainzoo.com/why-proof-of-work-is-a-wrong-method-to-secure-blockchain/ (https://blogchainzoo.com/why-proof-of-work-is-a-wrong-method-to-secure-blockchain/)

BBH Guest
- Roberto Capodieci, Founder & CEO at Blockchain Zoo
Roberto discovered a passion for Information Technology at the tender age of 6 when, with the help of his father, he started to learn computer programming. By age 10 he had developed and sold his first video game. Four years later he began an entrepreneurship career when authorized by Italy's court for minors, he opened his first IT company. In the formative years of the Internet, he expanded his business reach into the online world and quickly found his company' services in great demand. Roberto, specialized in Lawful Interception systems and big data analysis, is also a consultant to law enforcement agencies. Moved to Asia in 2004, Roberto was a member of the Nxt foundation, and now he's a founder and CEO of the Blockchain Zoo Association, and creator of the Decentralised Business Network open platform.
Design is not just what it looks like and feels like. Design is how it works.