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Which is one of the many reasons Ethereum's proof of stake is so interesting.
by bweis 9y ago
Which is one of the many reasons Ethereum's proof of stake is so interesting.
- cryptodogemoon 9y agoProof of Steak mearly gives power to whomever has established wealth. It is a marginal improvement over PoW, when the PoW algorithm is not computationally useful outside brute force hash lotteries and capital infrastructure race speculation. Both PoS and PoW implementations should have heavy scrutiny on the distribution and minting rules for the base supply.
- alanfalcon 9y agoI like the idea of Proof of Steak. He who controls the Filet Mignon controls the world!
- 6nf 9y agoEthereum doesn't actually have proof of stake yet