Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by speedgoose on Sunday November 21, 2021 @07:14AM
(#29295814)
In my opinion it's because it has not happened yet. Yes I know about the etherium experiment that has been delayed many times but may be running currently, but the crypto community seem to prefer the proof of work.
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Re:Ask HN: Why does cryptocurrency subjects on HN lack curio...
by ashwagary on Sunday November 21, 2021 @05:28PM
(#29300410)
They prefer POW because it's actually more secure and decentralized. ETH POS results in a smaller group of people controlling the network, majority of fully validating nodes running on AWS, and introduces massive collusion/attack risks.
ETH POS has many of the bad characteristics current central banks have...