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A comment on The Merge. Parent comment

Re:The Merge by rakoo on Sunday August 21, 2022 @01:19AM (#32537607)
Call me a pessimist, but I have stopped assuming rationality of all actors acting to secure a long-term future, especially in the world of cryptocurrencies
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Re:The Merge by pclmulqdq on Sunday August 21, 2022 @08:36AM (#32539537)
PoW is magical in that these actors are strongly incentivized to secure the network. PoS is not the same.
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Re:The Merge by rakoo on Sunday August 21, 2022 @12:59PM (#32542075)
This was the whole point of blockchains. No one trusts anyone, everyone is in it for themselves only. The Adam Smith model. And it works, if you don't loom at the disastrous environmental impact.
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