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Has anyone read up on the proof-of-stakes algorithms mentioned in this article? I didn't hear of those before.
by raffomania 9y ago
Has anyone read up on the proof-of-stakes algorithms mentioned in this article? I didn't hear of those before.
- schoen 9y agoThere's some Wikipedia coverage. https://en.wikipedia.org/wiki/Proof-of-stake https://en.wikipedia.org/wiki/Proof-of-stake Maybe there's a better or more up-to-date introduction elsewhere.
- Taek 9y agohttps://download.wpsoftware.net/bitcoin/pos.pdf https://download.wpsoftware.net/bitcoin/pos.pdf Most bitcoin heavyweights who have researched proof of stake have concluded that it's not viable, and not worth further research in the context to trustless and decentralized systems.
- akvadrako 9y agoDon't count on them ever working - it may be mathematically impossible and at the very least it's a much bigger technical challenge than PoW.