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🔗 Dive into the world of cryptocurrencies and blockchain technology! In this video, we unravel the secrets of the Ethereum Virtual Machine (EVM) and explore the fascinating world of consensus mechanisms. From Proof of Work (PoW) to the innovative Proof of Assignment (PoA), we’ve got you covered. Understand the backbone of crypto transactions and how they’re secured. 💡 Don’t miss this insightful journey through the tech behind the tokens!
0:22 – Introducing the Ethereum Virtual Machine (EVM) – the Matrix of the crypto world.
1:08 – Smart contracts: How EVM powers trustless agreements.
1:48 – Exploring consensus mechanisms – the guardians of the blockchain.
2:45 – Proof of Work (PoW): Bitcoin’s energy-intensive validation process.
4:38 – Proof of Stake (PoS): Ethereum’s shift towards a greener future.
5:53 – Enter the Internet of Things (IoT) with Proof of Assignment (PoA).
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⚠️ Note: This video is intended for educational purposes only and is not financial or investment advice. Viewers should do their own research before investing in cryptocurrency.