Re:Ethereum Proof-of-Stake
by CSMastermind on Thursday July 07, 2022 @09:03AM
(#32013545)
That's weird, it's almost like the basic premise of cryptocurrency was flawed from the beginning.
[ Parent
| on HN ]
Re:Ethereum Proof-of-Stake
by yellowapple on Thursday July 07, 2022 @02:30PM
(#32017609)
Is it? Or are you letting perfect be the enemy of good?
Cryptocurrencies might not be perfectly immune to centralization, but even with their problems they're far less prone to centralization than any other sort of currency short of reverting to gold coins or seashells - and you can't exactly use gold coins and seashells for online payments.
Re:Ethereum Proof-of-Stake
by coffeeblack on Thursday July 07, 2022 @10:43AM
(#32014735)
What would you say “the basic premise” is?
Re:Ethereum Proof-of-Stake
by tekromancr on Thursday July 07, 2022 @09:47AM
(#32014023)
Wait, you are saying that people with more capital have more power under capitalism?