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> a consensus of users who are biased and relatively uneducated on the topic would do a particularly bad job anyway That's why you build the system with an inc
by hobofan 8y ago
> a consensus of users who are biased and relatively uneducated on the topic would do a particularly bad job anyway
That's why you build the system with an incentive scheme with the contributors having something at stake, that over time weeds out the incompetent contributors, similarly to a PoS scheme.
- douglaswlance 8y agoThat's what I was thinking too. If you have PoS, then the your stake is basically how trusted you have been throughout the history of your wallet.