4 ms·
So proof of stake isn’t a holy grail? It’s completely achievable technology?
by bilsbie 4y ago
So proof of stake isn’t a holy grail? It’s completely achievable technology?
- wmf 4y agoYes, PoS has been running safely for 1-2 years. (Ethereum isn't the first working PoS chain but it will be the largest one by far.)
- 0x64 4y agoThere's a massive difference in the decentralization of Ethereum's PoS implementation vs. Cardano, which uses delegated PoS.
- wmf 4y agoIf only there were other PoS chains.
- ypeterholmes 4y agoHow so?
- DennisP 4y agoEthereum uses signature aggregation to allow for a very large number of full-fledged staking nodes. Most PoS chains have a small number of full-fledged nodes, and everybody else delegates their stake to one of those.
- baby 4y agoYes, it’s been running for years on many other chains and most new chains have adopted PoS (I can’t remember the last time I heard about PoW in state of the art blockchains).