4 ms·
PoW, PoS, PoWhatever in context of blockchains are all consensus reaching protocols. An input to consensus reaching protocol in blockchains is a block hash. Con
by keymone 5y ago
PoW, PoS, PoWhatever in context of blockchains are all consensus reaching protocols. An input to consensus reaching protocol in blockchains is a block hash. Consensus reaching protocol doesn't care if that hash represents 1 transaction or 1 trillion transactions, therefore throughput doesn't depend on which consensus reaching mechanism you pick.
so neither in theory nor practice, PoW has nothing to do with throughput, it's all just scammy marketing to sell you shitcoins. And in this case - extremely centralized, extremely censorable, extremely shady shitcoin.