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Luckily, proof of stake research seems to be going really well. We can have decentralized blockchains without the climate impact.
by DennisP 8y ago
Luckily, proof of stake research seems to be going really well. We can have decentralized blockchains without the climate impact.
- frontloadpro 8y agoPOS hasn't been proven to work without centralization. It's why alt coins have stayed basically irrelevant.
- kbody 8y agoSecurity-wise they haven't been really tested yet, but Ethereum moving to a PoS model will be a good case. The only reason they are accepted at the moment is that it's free money, especially for the initial coin holders(founders/friend investors etc.). For some reason people now accept fully pre-distributed coins. At least Ethereum went through a PoW phase to allow for some non-ICO distribution.