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[Mirror] A Proof of Stake Design Philosophy

Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/a-proof-of-stake-design-philosophy-506585978d51 Systems like Ethereum (and Bitcoin, and NXT, and Bitshares, etc) are a fundamentally new class of cryptoeconomic organisms — decentralized, jurisdictionless entities that exist entirely in cyberspace, maintained by a combination of cryptography, economics and social consensus. They are kind of like BitTorrent, but they are also not like BitTorrent, as BitTorrent has no concept of state — a distinction that turns out to be crucially important. They are sometimes described as decentralized autonomous

This is how you get ready for your digital studies

Studying online has become more and more popular recently. Many people prefer this because it gives more flexibility and because you have more options. Then you can sit at home in Norway and go to a school in a completely different country! A digitized world This form of studying became particularly popular during the pandemic, when the vast majority had to be done digitally. Nevertheless, it has continued behind the scenes, as it brings many benefits to schools, teachers and students alike. The schools and teachers have the opportunity to