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Proof of work will always be an expensive way to secure a ledger, with little in the way of real advantages. "Distributed" sounds nice, but it isn't really tha
by maxerickson 6y ago
Proof of work will always be an expensive way to secure a ledger, with little in the way of real advantages.
"Distributed" sounds nice, but it isn't really that valuable in the end.
- noxer 6y agoPoW doesn't even lead to good distribution as we can see since a few years and more importantly its not needed. We have Federated Byzantine Agreement (FBA) "blockchians" since like 8 years and it beats PoW by any metric.