3 ms·

> Proof of stake doesn't solve this problem, as the top stakers end up needing to control (or get coopted by) the monopolies on violence How so? Assuming (pseu

• anonporridge 5y ago
  Long lasting anonymity of stakers is impossible. Eventually, everyone will be tracked down. There's too much power at stake to remain hidden from establishment power forever. And anonymity of stakers who have unassailable control of the network consensus is exactly the problem. If you don't know who the king is or where he lives, then the peasants have zero ability to countervail his control authority when he starts abusing his power. No sovereign nation or person will sign up for a system like that without being violently coerced, like the US does to keep the rest of the world on the petrodollar standard.