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It's sad to see YT community members being so ill informed. Proof-of-Stake is coming in leading blockchains such as Ethereum, Polkadot, Cosmos, etc. This is cha
by gustavmarwin 7y ago
It's sad to see YT community members being so ill informed. Proof-of-Stake is coming in leading blockchains such as Ethereum, Polkadot, Cosmos, etc. This is changing. It's a new technology it takes time to improve. Anyway, do your homework before commenting on things you don't understand.
- srfilipek 7y ago> Proof-of-Stake is coming There have been so many proposed algorithms on this idea over the past years, yet here we are, still waiting. For now, it's either vaporware or it has a security flaw. Or, like traditional proof-of-work mining has become, it will coalesce into the very thing it was meant to remove: control by a few powerful and centralized authorities. Regardless, blockchain is not going to help solve climate change. A distributed carbon credit market is not going to solve climate change. I want proof-of-stake to work. I really do. But I just don't believe it can anymore...
- xur17 7y ago> There have been so many proposed algorithms on this idea over the past years, yet here we are, still waiting. For now, it's either vaporware or it has a security flaw. There are several proof of stake networks running right now. Care to elaborate on the security flaws?