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PoW - you have to make actual effort (within the realm of deprecating mining hardware) to become a part of the network. Bad for whales. PoS - you can just buy
by ypcx 7y ago
PoW - you have to make actual effort (within the realm of deprecating mining hardware) to become a part of the network. Bad for whales.
PoS - you can just buy your way in, and stay in. Great for whales.
Whales should be kept at the currency value layer, not in the network layer, because whales are greedy and dangerous.
- DennisP 7y agoActually you have to make an effort in Ethereum's PoS. For each 32 ETH of stake, you have to run a validator node.