Re:Proof of stake is incapable of producing a consensus
by akrymski on Sunday November 28, 2021 @03:26PM
(#29372635)
By this argument the only real consensus mechanism we need is FAITH. In PoS we trust.
As long as a sufficient number of people believe some currency has value - it has value. If they don't believe, it doesn't have value, and the stakes are worthless too.
As long as a sufficient number of people believe some currency has value - it has value. If they don't believe, it doesn't have value, and the stakes are worthless too.