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this comment shows a bit of misunderstanding on what the point of POS is. It is not some saving mechanism, it is a concensus mechanism. It ensures fraud doesn'
by TrapLord_Rhodo 5y ago
this comment shows a bit of misunderstanding on what the point of POS is.
It is not some saving mechanism, it is a concensus mechanism. It ensures fraud doesn't occur and that more crypto isn't being created out of thin air. It is a way to incentivice node operators to act fairly.
If the USD had a POS system, I would 100% have all my money in it. but i can't verify the whims of the FED
- Yetioko 5y ago