3 ms·
Proof of Steak mearly gives power to whomever has established wealth. It is a marginal improvement over PoW, when the PoW algorithm is not computationally usef
by cryptodogemoon 9y ago
Proof 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!