5 ms·

> they [PoW] are far more resistant to attack Many meanings of "attack". A year ago China attacked the miners and they mostly left China. A nation attacking th

• rufusroflpunch 4y ago
  China banning miners strengthened the network instead of weakening it. Within a 3-6 months the hash rate totally recovered and it was more decentralized than ever. The argument that it is easier to move a validator than a miner is a very surface level argument, honestly. The incentives of mining ensure that miners will spread to every corner of the world, in every jurisdiction, in search of cheap electricity. Meanwhile, proof of stake validation has no such incentive. It is financialized and it even has a guaranteed yield component. Since validators are financial and not industrial like miners, they will be incentivized to locate near other financial centers, like New York and London, and they will certainly comply with sanctions and other financial practices.
• csomar 4y ago
  > It is easier to move a PoS validator, and harder to locate the validator in the first place. I'd say it's much easier to single out PoS validators. Especially when they are congregating under unified capital and they are US based. Also, argument could be made that they are responsible for the transactions that they are making. The same can be hard to argue for Bitcoin, since anyone with a bit of a hashrate could generate a block and it's permission-less to contribute to the hashrate (and also anonymous)