This is a document intended for regulators that shows the IMF's view on the various blockchain consensus mechanisms. https://www.imf.org/en/Home

It compares the pros and cons of PoW, PoS, DPoS, fBFT (XRP XLM)

*Warning: This is moderated content and may be dry in some areas. This video is made for deep thinkers after the blockchain revolution*

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—–Table of contents—–
00:00 Introduction
01:11 IMF explained: what is it?
04:12 Summary from the IMF
04:30 DLT use cases: supply chain and financial inclusion
05:30 Real-time market surveillance: FNA example
06:20 Trust in Blockchain: consensus mechanisms
07:40 PoW consensus: security versus energy disadvantages ️
08:45 Regulatory Considerations: Consensus Mechanisms ️ (SEC Alert)
09:45 Tech-neutral regulatory approach and further training ️
12:20 The importance of consensus and blockchain layers ️
15:10 Environmentally friendly consensus: a global goal
3:30 PM Warning: Changing story on PoW️
17:24 Swedish stance: ban energy-intensive mining
6:00 PM CO2 Emissions: BTC & ETH Impact
19:00 Carbon tax: Sweden and Europe's approach
21:00 Carbon neutral networks: the future
22:00 Regulatory Implications: Public vs. Private Blockchains ️
22:45 Cybersecurity: IMF on public blockchains
25:30 Global stablecoins and CBDCs
26:20 IMF criticism: the energy consumption of the PoW
28:30 BTC's TPS: Risks and inconsistencies ️
29:20 Centralization risks in prisoners of war
30:00 Regulatory challenges: PoW DLTs ️
31:30 IMF on Ethereum's PoS: pros and cons
32:30 Legacy vs PoS systems: my opinion
34:10 PoS: Risks of wealth concentration
35:40 Validator cartels: concerns about centralization
37:50 DPoS review: spotlight on XDC network
41:17 fBFT Consensus: XRP & XLM listed
42:30 fBFT Efficiency: payments and settlements
43:45 IMF praise: the market benefits of fBFT
45:20 The IMF's final word: the energy intensity of the PoW
46:58 DLT comparison table
47:17 Global Stablecoins Revisited: World Bank Doc
48:00 Financial system standards: ISO20022 & ISO TC 307️
50:00 Fairness in regulations: no favorites ️
52:00 IMF and global standards: best practices
54:00 World Bank on XRP & XLM as Stablecoins
55:00 Japanese view: XRP as a digital asset
56:00 Closing thoughts and summary

— INFO LINKS —
https://www.imf.org/en/Publications/fintech-notes/Issues/2022/01/25/Blockchain-Consensus-Mechanisms-511769

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