• @[email protected]
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    311 months ago

    it is now provably not secure. Because pos is provably not objective. Making the whole thing moot. Also, it is literally a system explicitly designed around “the rich get richer”.

    • @zergtoshi
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      111 months ago

      Security is relative - always!
      Can you name one consensus scheme that isn’t?

      • @[email protected]
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        211 months ago

        proof of work is objective. It sucks for other reasons, but I do not need to trust anyone to start participating.

        • @zergtoshi
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          111 months ago

          Even if it is (I don’t see your reasoning explaining that) that doesn’t mean the resulting security scheme is objective.