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Actually PoW accentuates the concentration of miners, while in Ethereum 2 you are limited to a few mining machine, thus distributing more equally the mining pow
by L33tCrown 5y ago
Actually PoW accentuates the concentration of miners, while in Ethereum 2 you are limited to a few mining machine, thus distributing more equally the mining power.
- rfd4sgmk8u 5y agoActually, no, the opposite. One of the fundamental problems with PoS is that it has no externally observable metric that a block is correct. PoW is trivially externally verifiable. This is good for decentralization. There can be no lies from the miners.
- ilammy 5y agoBitcoin miners per se do not control Bitcoin network. They are the backbone, but the nodes ultimately decide whether they include a mined block or not. Validating blocks is way cheaper than mining them. Expensive mining process only ensures that you can't easily flood the network with bogus blocks.