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>"electricity expended in Proof of X directly maps to amount of ledger security" That is absolutely true, this subtlety seems to be lost amongst all the hype.
by kneel 9y ago
>"electricity expended in Proof of X directly maps to amount of ledger security"
That is absolutely true, this subtlety seems to be lost amongst all the hype.
Try to manipulate the BTC ledger, it's technically possible but not really affordable/feasible.
- krinchan 9y agoReduced, the assertion made is: Because Proof of Stake requires less energy and is less secure than Proof of Work, all block chains are secure if and only if computing blocks requires a large investment of energy. I don't think Proof of Stake is sufficient evidence to make that assertion. The source makes me even more skeptical, as they are invested in Proof of Work's continued dominance.