3 ms·
PoS addresses only part of the inefficient architecture. You’re no longer needing hundreds of power plants to operate a niche financial service, but you still h
by acdha 3y ago
PoS addresses only part of the inefficient architecture. You’re no longer needing hundreds of power plants to operate a niche financial service, but you still have the storage needed to store every transaction (which is also a huge privacy risk) and the incredibly low transaction rate. These systems are hugely expensive to operate relative to their almost non-existent real-world usage.