News for hackers. Stuff that matters.

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 Magnusmaster on Sunday November 28, 2021 @12:36PM (#29370906)
The service is worthless if you can trust a central authority like a government that 99.99% of people do.
[ Parent | on HN ]
Re:Proof of stake is incapable of producing a consensus by yowlingcat on Sunday November 28, 2021 @12:55PM (#29371091)
There are many countries where people cannot trust a central authority like a government to keep their savings remotely safe and stable in value.
[ Parent | on HN ]
Re:Proof of stake is incapable of producing a consensus by Magnusmaster on Sunday November 28, 2021 @09:35PM (#29375698)
Even in those cases you can use dollars and trust the US government
[ Parent | on HN ]