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Your comment goes in all directions so it’s hard to answer. Perhaps it’s useful to point that proof of work is not ubiquitously used in blockchains and much gre
by baby 5y ago
Your comment goes in all directions so it’s hard to answer. Perhaps it’s useful to point that proof of work is not ubiquitously used in blockchains and much greener alternatives have been preferred in pretty much any crypto that’s been released in the past 5 years
- tsimionescu 5y agoProof of work is still what powers the vast majority of block chains by value. Perhaps if ETH goes to PoS in some future this will change, but until then, all of the big permission-less crypto curencies are proof of work.
- baby 5y agoWe’re talking about what the technology can do, not what the bottom of the tech is not doing
- tsimionescu 5y agoSure, but those alternatives are not yet proven technologies. It's unclear for example if PoS is actually trust-worthy at scale, and we can't use Bitcoin or Ethereum's success so far to check that.
- baby 5y agoWhat makes you say that? PoS coins have been running without issues for almost as long as PoW coins and as far as I know there’s been no attacks. On the other hand there’s been many 51% attacks on PoW coins.
- tsimionescu 5y agoNo major PoS coin (well, Ripple is PoS, but centralized in other ways) exists, so it may be that they haven't been attacked simply because they are too small.
- baby 5y agoAlgorand, dfinity, celo, avalanche, solana, shall I go on?