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You just need to look. https://www.engadget.com/the-morning-after-cryptocurrency-may-be-more-centralized-than-you-thought-111254399.html https://www.engadget.c
by jevgeni 4y ago
You just need to look.
https://www.engadget.com/the-morning-after-cryptocurrency-may-be-more-centralized-than-you-thought-111254399.html https://www.engadget.com/the-morning-after-cryptocurrency-ma...
- ETH_start 4y agoI didn't see anything in that article supporting the claim that PoS chains "are all highly centralized".
- jevgeni 4y agoSo according to you a protocol that prioritizes nodes with higher holdings of the crypto currency is somehow decentralized?
- ETH_start 4y agoWhat difference does it make if the block-generating capital is ASICs or cryptocurrency? The distinction is completely orthogonal to decentralization.
- jevgeni 4y agoThen don't make that distinction? I originally wasn't. Point is, whether it is a huge farm of ASICs or PoS holdings, it still leads to centralization.
- ETH_start 4y agoThe original comment asking for a source was quoting an assertion that Proof of Stake blockchains, as opposed to Proof of Work ones, "are all highly centralized". So given the context, I was implicitly asking for what distinguishes Proof of Stake from Proof of Work to make the former centralized where the latter is not.