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A comment on Green hackers around the world, let’s destroy Bitcoin. Parent comment

Re:Green hackers around the world, let’s destroy Bitcoin by inter_netuser on Sunday February 07, 2021 @06:57AM (#26054433)
because all that will do is just entrench the existing banking oligopoly.

proof of work is the only thing that maintains unforgeable costliness.

Every proof of stake system eventually centralized and failed.

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Re:Green hackers around the world, let’s destroy Bitcoin by shawnz on Sunday February 07, 2021 @11:47AM (#26056172)
What about proof-of-space?

And of course proof-of-work isn't necessarily immune to wealth centralization either.

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Re:Green hackers around the world, let’s destroy Bitcoin by thejynxed on Sunday February 07, 2021 @02:47PM (#26057600)
PoW is far from immune to it as the Chinese have proven, as they hold roughly 49% of all BTC and 65% of all mining capacity on the planet.
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