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The problem with Peercoin is that it is centralized by the reliance on checkpoints. That makes it completely missing the point - after all you can have a centra
by zby 13y ago
The problem with Peercoin is that it is centralized by the reliance on checkpoints. That makes it completely missing the point - after all you can have a centralized crypto-coin without mining at all. I am still waiting for a true decentralized proof of stake coin.
- gnaritas 13y agoThat's a protection against attacks until it grows big enough, so no it's not missing the point, the checkpoints are to be removed once it's safe to do so. Yes that makes it risky for now, but it will be decentralized completely soon.