News for hackers. Stuff that matters.
Re:Proof of stake is incapable of producing a consensus by naasking on Sunday November 28, 2021 @10:01AM (#29369374)
> It’s a system with feedback loops, it’ll eventually level out at some equilibrium.

An equilibrium doesn't entail that it's a sustainable point, or that it's actually providing value when you properly account for all externalities.

Re:Proof of stake is incapable of producing a consensus by keymone on Monday November 29, 2021 @05:59PM (#29386452)
Good question. Some function of how much PoW each person can deploy in order to attack the chain and how much value is secured by the chain. It’s like a relation between price of a bike and price of a lock to secure the bike.