Part 2/17:
Lane emphasizes that his intention isn't to do a "bash on Ethereum" but to help both himself and listeners understand why Bitcoin is designed the way it is, especially the importance of proof of work (PoW), and how that contrast shapes their security, decentralization, and overall mission.
He mentions two primary objectives:
Educational clarity about Bitcoin's design, especially the proof of work vs proof of stake (PoS) debate.
Addressing misconceptions and skepticism around Ethereum's approach, particularly highlighting risk factors often under-discussed.
Pete adds that understanding risks—especially in relation to PoS—is crucial since many present it with incomplete fairness or transparency.