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I don't think anyone here is saying that PoS is somehow solving world poverty. The people who claim PoS is better than PoW typically do so because it is more po
by 22c 5y ago
I don't think anyone here is saying that PoS is somehow solving world poverty. The people who claim PoS is better than PoW typically do so because it is more power efficient and still capable of running an effective monetary network (at least what we've seen so far). I don't know anyone who says PoS is "more fair" although I would argue that delegated staking is certainly more geographically friendly than PoW (and to an extent, PoS) which will inevitably end up geographically focused in areas with low cost of operation (cold areas with the cheapest power and rent). PoS could be done on a Raspberry Pi plugged into your modem.
- atweiden 5y ago> I don't know anyone who says PoS is "more fair" And I don’t know anyone who uses Bitcoin for illicit purposes. Imagine that.