Re:Taproot, Bitcoin’s long-anticipated upgrade, has activated
by cblconfederate on Monday November 15, 2021 @09:25AM
(#29227739)
It's not jsut maximalists, every day people will tell you that the richest people invariably create cartels and it ends up badly. This time is not different
Re:Taproot, Bitcoin’s long-anticipated upgrade, has activated
by Gosper on Monday November 15, 2021 @11:19AM
(#29229126)
Ethereum's current approach to PoS is insecure. It will take a lot more work to get to a secure enough place to switch over, if a switch is even possible at all.
I pointed to the latest vulnerabilities in another reply: https://news.ycombinator.com/item?id=29229084
BTC maximalists will file in below me with bogus attestations that proof of stake is bad and none of it will be correct or factual. Proof of stake actually increases decentralization and eliminates the fact that now to mine btc you need to be near a very cheap electricity source and have ties that can get you the fastest asic mining machines as soon as they come out.
Source: Myself, a former crypto miner.