top of page

Crypto Part 2




Jordan and Wyatt continue the discussion on cryptocurrency. They discuss the different methods of verifying cryptocurrency transactions, proof of work and proof of stake, as well as some of the advantages and disadvantages of each. Proof of work consists of computers racing to be the first to add transactions to the blockchain in exchange for a crypto reward, while proof of stake involves the rewarding of patient investors who commit, or “stake” their cryptocurrency in exchange for a chance to verify a blockchain transaction. We also touch on stable coins, which are pegged to a stable asset and can help minimize volatility while earning interest.

70 views

Recent Posts

See All

Tyler and Chuck discuss the recently passed SECURE 2.0 Act by congress and some of its benefits for retirement savers. Some key takeaways include, Required Minimum Distribution (RMD) age increasing to

Tyler and Chuck sit down to review a NAPFA (National Association of Personal Financial Advisors) conference presentation by Bob Morrison attended by Chuck at the fall conference. We pull out and disse

bottom of page