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So "he who has the most money, makes the rules" instead of "he who mines and works the most, makes the rules"? Yeah, that totally won't backfire.
by TEP_Kim_Il_Sung 4y ago
So "he who has the most money, makes the rules" instead of "he who mines and works the most, makes the rules"?
Yeah, that totally won't backfire.
- hanniabu 4y agoMining costs money and those with more money can have more miners and more power over the rules.
- codewiz 4y agoIs it actually true that stakers can collude to change the consensus rules of the Ethereum network?
- hanniabu 4y agoNo, just like bitcoin you need the cooperation of the community/users too
- albntomat0 4y agoTo me, mining has always been about having resources, to buy and maintain hardware, server space, electricity, etc. What’s the real difference, other than lag time for PoW?
- wmf 4y agoMiners/stakers do not make the rules and never have.
- mattdesl 4y agoExcept, that is not how PoS works.