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Proof of Stake implementation has been as never-ending as COVID restrictions. Besides, it's not clear whether PoS won't create governance problems. PoW is a pr
by jokethrowaway 5y ago
Proof of Stake implementation has been as never-ending as COVID restrictions.
Besides, it's not clear whether PoS won't create governance problems. PoW is a pretty smart solution of proving you spent some money and pays the miners so that people who have computing power won't attack the system.
PoS is trusting rich people, hoping they won't bring down everything for who knows what profit - a government printing money to delay a market crisis, is not that far.