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> How would eliminating all Proof-of-Work cryptocurrencies and shifting entirely to Proof-of-Stake eliminate the incentive for miners to monopolize every last b
by davidgerard 6y ago
> How would eliminating all Proof-of-Work cryptocurrencies and shifting entirely to Proof-of-Stake eliminate the incentive for miners to monopolize every last bit of computing resources they can?
It absolutely wouldn't - as we see from Proof-of-Space trashing the hard disk market recently.
- 22c 6y agoProof-of-Stake != Proof-of-Space Also Proof-of-Space != Proof-of-Storage (seems a lot of people are conflating the two in this thread as well).