3 ms·
A few are here: https://www.lynalden.com/proof-of-stake/ https://www.lynalden.com/proof-of-stake/
by dmichulke 4y ago
A few are here: https://www.lynalden.com/proof-of-stake/ https://www.lynalden.com/proof-of-stake/
- ftlio 4y agoThere’s also the overall economic argument that Proof of Work is actually just the least obscure version of anything else: https://www.truthcoin.info/blog/pow-cheapest/ https://www.truthcoin.info/blog/pow-cheapest/ Overall I’d just argue that because PoS doesn’t involve external resources to create blocks, the cost of producing a block won’t be well understood and thus there will be opportunities for rent extraction - which we’re already seeing with Lido staking.
- dmichulke 4y agoGreat article, thanks!