The issue with proof of stake is that it's not permissionless. if buying is the only way to obtain stake, then you can exclude someone from obtaining it. you can't exclude work.
PoS also exposes crypto to the same perverse incentives of traditional banking and governments; namely, "He who has the gold, makes the rules"
PoS also exposes crypto to the same perverse incentives of traditional banking and governments; namely, "He who has the gold, makes the rules"
Only PoW is trustless & permissionless.
Exactly. Proof of stake is literally "the rich get richer" without doing anything. they don't have to work for it. Proof of Work is fundamentally different. it's better, more fair.
Just posting all the evidence needed to debunk all the conspiracy theories about 911 bring an inside job, or that the collapse of the towers were due to demolition.
let it go fren. it was 10 years ago. it doesn't matter anymore.
Best take on crypto mining energy consumption out there. Some may disagree with PoS being superior, but other than that we should all be able to agree on the premise.
https://www.youtube.com/shorts/vch44SpdvAs
The issue with proof of stake is that it's not permissionless. if buying is the only way to obtain stake, then you can exclude someone from obtaining it. you can't exclude work.
I'm really excited about this new reboot of How to Live on Crypto I'm doing on my channel to kick off the new year. And the following month, how to run a business on crypto! 🤩
Nice. I'm interested. I have started development and creation endeavors again too. Maybe I can make a European version of how to live on crypto. it's all a little different here
kek. i was too lazy to go stake on BlockFi for 7-9pct APY. I thought about it a few times but ended up to lazy to actually move the USDC there. now Blockfi is insolvend. thanks lazynes
And not only that, him and his dumbass friends are also spying on people.
you are a disgusting neckbeard that only spends time shitting on everything and anyone cause you hate yourself and your misserablle life, go make some more accounts