This presentation was recorded at GOTO Amsterdam 2018. #gotocon #gotoams http://gotoams.nl Stefan Tilkov - Co-founder & Principal Consultant at innoQ ABSTRACT One of the most important tenets of blockchain-based systems is their decentralized nature, and the resulting need to achieve consensus without being able to rely on a central coordinator. Bitcoin as the most prominent blockchain application is famous for its “proof of work (PoW)” approach, not the least because it’s been heavily criticized for its wastefulness of energy. In this session, we will start with the world’s shortest introduction to blockchain. Then, we will take a look at the PoW approach to see whether the criticism is justified, explore the alternatives, including “proof of stake” and others, and [...] Download slides and read the full abstract here: https://gotoams.nl/2018/sessions/444 https://twitter.com/gotoamst https://www.facebook.com/GOTOConference http://gotocon.com #Blockchain #Bitcoin Looking for a unique learning experience? Attend the next GOTO Conference near you! Get your ticket at http://gotocon.com SUBSCRIBE TO OUR CHANNEL - new videos posted almost daily. https://www.youtube.com/user/GotoConferences/?sub_confirmation=1
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