EthereumBeginner11 min

What is Proof of Stake? How it works (Animated) + Ethereum 2.0

By Whiteboard Crypto

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Video by Whiteboard Crypto ยท All rights reserved to original creator.

Summary

Whiteboard Crypto explains Proof of Stake โ€” how validators lock up (stake) ETH as collateral, how they are selected to create blocks, and what slashing means. Covers Ethereum's transition away from energy-intensive Proof of Work.

Key Concepts

Proof of StakeValidatorsStaking rewardsSlashingThe MergeETH 2.0

Things To Remember

  • Ethereum switched from Proof of Work to Proof of Stake in September 2022 (The Merge).
  • Validators must stake 32 ETH to run a full validator node.
  • Slashing penalizes validators who behave maliciously.
  • The Merge reduced Ethereum's energy consumption by ~99.95%.

Attribution: This video was created by Whiteboard Crypto. All rights belong to the original creator. Crypto Education does not claim ownership of this content.