Re:Proof of stake is incapable of producing a consensus
by keymone on Sunday November 28, 2021 @10:59AM
(#29369898)
The answer is no and you’re clueless if you think otherwise. The “leader” has no choice in blocks or transactions after they “win” the “election”.
Re:Proof of stake is incapable of producing a consensus
by UncleEntity on Sunday November 28, 2021 @01:18PM
(#29371321)
The "leader" has no choice after they win the current round but they do have a choice as to what to include in the winning block before they start hashing.
Maybe they act like all the other rational miners and optimize by mining fees.
Maybe they include no transactions and only take the miner reward.
Maybe they they don't like the Dutch so all their transactions are excluded.
It really doesn't matter as all y'all have been arguing over is what to call the person who won the current round.
> when the leader is elected every 10 minutes, do they get a choice of what block they append to the chain?
and the answer is yes, the miner that gets elected chooses which transactions to append to the chain. Do they pick the transactions after getting elected? No, they pick them before getting elected. In fact, it doesn't matter whether they pick the transactions before or after getting elected, because their chances of getting elected are unaffected by which transactions they picked. Therefore, it makes absolutely no difference. The fact that you think it makes a difference tells me you're very confused about the role miners have in the bitcoin network.