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A comment on Proof of stake is incapable of producing a consensus. Parent comment

Re:Proof of stake is incapable of producing a consensus by amelius on Sunday November 28, 2021 @08:32AM (#29368764)
Perhaps we should insert humans in the loop, to verify whether useful work was performed.

Or some AI because humans are prone to bribery to some extent.

Or we could make it democratic. "Jeff Bezos asserts that he provided useful work for society and that he therefore deserves $1B this year. Please cast your votes".

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Re:Proof of stake is incapable of producing a consensus by kwertyoowiyop on Sunday November 28, 2021 @09:29AM (#29369151)
PoB: Proof of Bullshit
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Re:Proof of stake is incapable of producing a consensus by lukifer on Sunday November 28, 2021 @12:39PM (#29370933)
PoW should actually stand for Proof of Waste. It's not even unprecedented in nature: many species will intentionally waste energy or resources to demonstrate mating fitness, as with a peacock's tail.

https://en.wikipedia.org/wiki/Signalling_theory

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Re:Proof of stake is incapable of producing a consensus by amelius on Sunday November 28, 2021 @02:11PM (#29371859)
... or people going to the gym.

The problems start, of course, when you take a concept to its logical extreme.

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Re:Proof of stake is incapable of producing a consensus by lukifer on Sunday November 28, 2021 @02:48PM (#29372249)
I'm less concerned with wasting resources (which is highly subjective), than with ecological and systemic harms. I don't care whether a terawatt is "wasted" on pointless SHA256 hashes, or calculating triangles for Yet Another Marvel Movie, so long as the externality is being paid for [0].

[0] https://en.wikipedia.org/wiki/Pigovian_tax

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Re:Proof of stake is incapable of producing a consensus by yellowapple on Sunday November 28, 2021 @04:21PM (#29373171)
Exactly. And by forcing the internalization of that externality, that forces the market to consider things which lack that externality.

The trick is to enforce it in such a way that it can't be easily dodged via e.g. offshoring.

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