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Does someone have a deeper understanding into Proof Of Stake? For what I remember it never had the same security promises that Proof Of Work had. In other word
by sktrdie 5y ago
Does someone have a deeper understanding into Proof Of Stake? For what I remember it never had the same security promises that Proof Of Work had.
In other words if PoS is conceptually sound why don't all cryptocurrencies switch over to it?
- lifty 5y agoThey actually are. Most new projects have chosen PoS for sybil resistance, and once Ethereum switches as well, we should have a large enough honey pot in order to gain confidence regarding its security.