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> Overcoming censorship is not possible in a PoS system, as the censor has acquired majority stake and cannot be unseated. As such PoS systems are not censorshi
by atweiden 5y ago
> Overcoming censorship is not possible in a PoS system, as the censor has acquired majority stake and cannot be unseated. As such PoS systems are not censorship-resistant and the theory is therefore invalid.
https://github.com/libbitcoin/libbitcoin-system/wiki/Proof-of-Stake-Fallacy https://github.com/libbitcoin/libbitcoin-system/wiki/Proof-o...
- baby 5y agoI meant proof of work :) Although in theory you still need to find who owns these accounts in a proof of stake system. So it’s not as bad as what people think.