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Proof of stake is the only consensus mechanism that remotely makes sense (that I've seen so far anyhow). It has its own nightmarish unintended consequences but

Proof of stake is the only consensus mechanism that remotely makes sense (that I've seen so far anyhow). It has its own nightmarish unintended consequences but at least it isn't actually burning a significant portion of world resources.

zepto 6y ago
> It has its own nightmarish unintended consequences What are these?
- McTossOut 6y ago
  inflation? loss of value over time?
- AustinDev 6y ago
  Rich get richer forever.
  - idiotsecant 6y ago
    Which, to be fair, is also a feature of capitalism.
  - zepto 6y ago
    That’s true of POW, no? Is there any cryptocurrency where it isn’t?