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PoS is not only a computing and cryptography problem, it's also a social science and game theory problem. There are not that many "scientists" that are knowledg
by josu 8y ago
PoS is not only a computing and cryptography problem, it's also a social science and game theory problem. There are not that many "scientists" that are knowledgeable on those areas. Nick Szabo (the authority figure you may be looking for) doesn't seem to like PoS:
>Conjectured governance under proof-of-stake seems to involve programmers & other amateurs making legal & accounting decisions. Bitcoin governance does not. Even when lawyers & accountants properly take over PoS governance, PoW governance will likely be far more socially scalable.
https://twitter.com/nickszabo4/status/956461360161935361 https://twitter.com/nickszabo4/status/956461360161935361
Tuur is a pretty insightful guy, and even if he doesn't have the credentials, the critique stands on its own.
- wslh 8y agoNot saying that Tuur doesn't have the right to criticize. Saying that at the end this discussion has a strong academic side where you can formalize the problems involved, the adversarial attacks, and balance the solutions. Non academic fights on strongly academic topics, in general, cannot distill the signal from the noise.