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Why bother with baroque consensus algorithms at all, and not just use USD? Because new systems with new properties will enable new capabilities.
by AlexCoventry 8y ago
Why bother with baroque consensus algorithms at all, and not just use USD? Because new systems with new properties will enable new capabilities.
- keymone 8y agoPoS is closer to fiat than PoW. PoS is more complex and relies on trust. There is nothing “baroque” about PoW, it’s simplest, cheapest and most reliable of them all.