#94 Zhuling Chen – The Mechanics of Crypto Explained

Zhuling Chen is the founder and CEO of RockX, a gateway to crypto finance and blockchains. RockX aims to lead the digital staking economy with its bespoke security and technology for Web 3.0. ⏺️ Voics: https://www.voics.co/🎙️ Podcast University: https://bit.ly/3Dqip2S🎤 Podcast Accelerator: https://bit.ly/3f1ir81📞 Schedule Free Call: https://bit.ly/3GsNyTU(00:00) Partnership: KS Media(01:42) Introduction(03:26) What does crypto mean to you?  (10:23) How crypto has changed ownership (15:00) Central bank intervention vs. bitcoin (17:45) Proof of work (PoW) consensus mechanism(22:37) Is the energy consumption of PoW justified? (27:13) Proof of stake and decentralisation  (32:37) Harsh learnings in the crypto industry  (35:10) The uses cases & benefits of staking(42:30) Security issues of staking pools (48:10) The problems & risks of staking(53:27) Career advice in the crypto industry Please leave a review:- Spotify: https://spoti.fi/36RrL9Y- Apple: https://apple.co/3uCwViFSocials:- YouTube: https://bit.ly/3HleVy2- Spotify: https://spoti.fi/3EE3FuG- Apple: https://apple.co/32ArW7D- LinkedIn: https://bit.ly/3FCS3JA- TikTok: https://bit.ly/314iZD6Services:- Career mentoring: https://bit.ly/3FCS3JA- Podcast consulting: https://bit.ly/3aYzm5w- Newsletter: https://bit.ly/3JqwkXASupport the show