Proof-of-Stake Systems and Economics

Basics of Proof-of-Stake for Techies and Analysts

4.71 (7 reviews)
Udemy
platform
English
language
Cryptocurrency & Blockch
category
instructor
1,862
students
1 hour
content
Oct 2022
last update
$39.99
regular price

What you will learn

How do Proof-of-Stake systems work?

Role of consensus mechanisms in blockchain design.

Different types of proof-of-stake protocols.

Economics of Proof-of-Stake systems.

Staking Rewards and Penalties.

Ethereum Proof-of-Stake.

Staking Yield and Dilution.

Description

On 15th September 2022, finally, the Ethereum merge happened and with that Ethereum is now a proof-of-stake blockchain.


Now, as the crypto winter sets in, the interest for staking will likely be high as staking allows investors to earn a passive return without selling their crypto assets at the prevailing low prices.


But, this course is not an investment course. This course rather looks into how a proof-of-stake system works and its internal economics of it.


While there is a lot of chatter and speculation about how much return proof-of-stake blockchains generate, how these returns are generated and how sustainable these returns are often very obscure. To understand how the returns are generated through proof-of-stake (PoS) we need to understand how PoS works.


This course will look into how PoS consensus actually works, how PoS systems are different, different types of PoS consensus mechanisms, apart from the internal economics of the proof-of-stake systems and what drives the incentive mechanism of these systems.


While we will cover some concepts related to staking as a crypto investment strategy, that is not the focus of the course.

This course covers:


  • Primer on Ethereum Merge

  • Major Proof-of-Stake Blockchains

  • Role of Staking in crypto investing

  • Role of consensus in blockchain design

  • Anatomy of a Proof-of-Stake

  • Proof-of-Stake Economics - Overview

  • Proof-of-Stake Economics - Ethereum

Content

Introduction

Introduction
Who is this course for?
Course Outline

Primer on Ethereum Merge

Primer on Ethereum Merge

Major Proof-of-Stake Blockchain Networks

Major Proof-of-Stake Blockchain Networks

Role of Staking in Crypto Investing

Return Aspects of Staking
Risk Aspects of Staking
Liquidity Aspects of Staking
Types of Staking

Role of Consensus in Blockchain Design

What is a Blockchain?
Blocks
State
Nodes and Clients
Slots and Epochs
Effectiveness of Consensus Mechanism

Anatomy of Proof-of-Stake

What is proof of stake?
Why PoS
Emergence of PoS
Roles in PoS
Different types of PoS Protocols
BFT
PoS Case Study - Ethereum
PoS Case Study - Solana
PoS Case Study - Cardano

Proof-of-Stake Economics - Overview

Economic Considerations
Inflation and Dilution

Proof-of-Stake Economics - Ethereum

Current Balance, Effective Balance and Total Active Balance
Rewards
Penalties
Tracking Rewards and Penalties
Staking Dilution
Modelling Examples

Thank You

Thank You

Screenshots

Proof-of-Stake Systems and Economics - Screenshot_01Proof-of-Stake Systems and Economics - Screenshot_02Proof-of-Stake Systems and Economics - Screenshot_03Proof-of-Stake Systems and Economics - Screenshot_04

Coupons

DateDiscountStatus
10/23/2022100% OFF
expired
10/25/2022100% OFF
expired

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Related Topics

4932762
udemy ID
10/17/2022
course created date
10/23/2022
course indexed date
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