Kwon: Tendermint Secures Distributed Ledgers Without Energy-Intensive Mining
Jay Kwon · 821: Crypto: $17m Raised to Speed Up Mining Blocks Using New "Validators" · Oct 23, 2017 · at 8:05
Jay Kwon, creator of Tendermint and Cosmos, explains to Nathan Latka how Tendermint's consensus model replaces proof-of-work mining.
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“Tendermint, Tendermint is a replacement. It's an alternative to proof of work. It's a way to have a secure distributed ledger without having to Burn energy to try to win a lottery ticket.”
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