1 sat \ 1 reply \ @cryptocoin OP 17 Jan 2022 \ on: Why Proof-Of-Work Is A Superior Consensus Mechanism For Bitcoin bitcoin
"PoS enables a more centralized structure. The participants who can stake more (often the rich), in theory, can accumulate greater control just by staking more."
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"Haven’t we seen the problems with this kind of system already? Just open your eyes and you will see that we have been living in this system for a while now and look where it has brought us."
PoS is POS IYKWIM
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