4 ms·
true, agreed. though processing power would seem to be the best proof of stake, as say compared to network connectivity.
by nunb 13y ago
true, agreed.
though processing power would seem to be the best proof of stake, as say compared to network connectivity.
- gojomo 13y agoIn the proof-of-stake proposals, actually holding old balances, and actively helping to certify transactions when challenged to do so, is what earns you the right to 'mint' new ledger-extensions. (And if you don't, your future transaction fees go up.) Not sure all the kinks are worked out, but competing based on who best enables the fastest, most consistent, most-fraud-resistant global log seems to more directly benefit the community, than proving who's burned the most resources on electricity and specialized hardware.