4 ms·

I’m literally an idiot. Make this sense for me.

• tootie 4y ago
  You're not an idiot. It's extremely obtuse and only makes sense to insiders. It's orders of magnitude more obscure than how fractional reserve banking works and understood by far fewer people.
  • randomran01234 4y ago
    It takes time to learn but it isn’t obtuse. It’s extensively documented, with multiple open source clients being built in tandem. Besides, it is not the only PoS system running today. All fields of engineering are complex to those that have an not studied them.
    • tootie 4y ago
      The mechanics aren't extremely complicated but they also make no sense. Proof of work or proof of stake are both solving an abstract and meaningless problem. Crypto makes more sense if you study psychology than engineering.
      • ChadNauseam 4y ago
        Permissionless BFT consensus is definitely an engineering problem