Re:Proof of stake is incapable of producing a consensus
by darawk on Sunday November 28, 2021 @04:21AM
(#29367462)
> Miners do not set the rules, they are merely a service that provides immutability to a ledger, with a nuclear option that will bankrupt all the billions they have invested, should they misbehave.
Stakers do not set the rules any more than do large mining pools.
> Large stakers can rent-seek and extract your wealth, PoS is the same system we have now, plus some code.
Stakers do not set the rules any more than do large mining pools.
> Large stakers can rent-seek and extract your wealth, PoS is the same system we have now, plus some code.
You know MEV is a thing in PoW too, right?