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BTC would not survive a PoS fork. The threat model requires a consensus mechanism to include a huge network of hyper vigilant greedy actors that may enter or le
by jl2718 5y ago
BTC would not survive a PoS fork. The threat model requires a consensus mechanism to include a huge network of hyper vigilant greedy actors that may enter or leave at will. For a linear utxo blockchain, there’s nothing but PoW with those properties.