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Staking and Liquidity on Web3

Series
Mind Matters
Host
Robert J. Marks II
Guest
Robert J. Marks II
Duration
28:53
Download
Audio File (40 mb)

Like gold, cryptocurrency such as Bitcoin is mined. Gold becomes harder and harder to find as it is mined. In the same way, as the supply of a cryptocurrency increases, computers have to solve harder and harder problems to be awarded cryptocurrency. Staking is a is a new approach that replaces mining and reduce costs. How does it work? Adam Goad, Dr. Austin Egbert, and Dr. Robert J. Marks discuss staking, liquidity, and decentralized finance.

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