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This is an interesting argument - but it is based on the assumption that with the same money you buy the same security independently of how that security is imp
by zby 9y ago
This is an interesting argument - but it is based on the assumption that with the same money you buy the same security independently of how that security is implemented. That does not seem to be true.
There is already an update that article: http://www.truthcoin.info/blog/pos-still-pointless/ http://www.truthcoin.info/blog/pos-still-pointless/ which partially takes into account the critisism. And here is my reply to it: https://medium.com/@zby/proof-of-stake-can-be-cheaper-than-proof-of-work-da14223a965 https://medium.com/@zby/proof-of-stake-can-be-cheaper-than-p...