3 ms·
>If we could push for legislation to ban PoW, then projects would take the time to switch to PoS, and everyone will go on like before. Still distributed. Still
by mr_woozy 6y ago
>If we could push for legislation to ban PoW, then projects would take the time to switch to PoS, and everyone will go on like before. Still distributed. Still decentralized.
How would this even work, if in the same article you mention China mines 65% of the Bitcoin network (I don't believe this is true btw).
All you'll do is centralize the network to non-western democratic countries.