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Re:Ethereum Goerli testnet merge goes live before move to pr... by skyfaller on Thursday August 11, 2022 @07:44PM (#32433196)
I'm not convinced proof-of-stake works at all: https://yanmaani.github.io/proof-of-stake-is-a-scam-and-the-...

It's almost certainly better for the environment / our continued existence than proof-of-work, if we must suffer cryptocurrency, but I don't trust people who were willing to continue to engage with proof-of-work for years to create an ethical (or even functional) alternative.

Re:Ethereum Goerli testnet merge goes live before move to pr... by thebeastie on Friday August 12, 2022 @02:11AM (#32435170)
For anyone who might be concerned by the claim here; it’s really a political argument and not a technical one. Proof of stake as implemented by Ethereum makes a tradeoff which requires some small amount of trust (to identify the correct chain more quickly) which does not create a centralization risk.

But this is always the way; leveraging trust where appropriate can allow great increases in efficiency, this is how society works, so you have a political spectrum where Ethereum is “responsibly pro social” and Bitcoin is still a kind of super trust less money with enormous energy costs to enable this somewhat superficial security property.