Anything other than PoW is a scam.
Anything other than PoW is a scam
Logan Clark
Christopher Howard
>verifier's dilemma
Robert Sanchez
ok well that is like, your've opinion man
Benjamin Hughes
>your' eyes
you okay, fella?
Josiah Morris
Anything other than PoW with easily accessible nodes*
That way we can get rid of scams like BSV and Kadena as well
Hunter Watson
kot
Kevin Sanchez
blini
Connor Hill
*kit
Eli Baker
At this exact moment in time are time what can I actually use POS for? At a glance SOL is the only POS network actually being used and it is barely functional.
Gabriel Baker
Based
Nathaniel Phillips
Working late aren't ya.
STIFF
Kevin Wilson
POW: spend lots of money buying equipment that become useless after a few years, also pay for electricity
POS: spend lots of money to earn rewards, no equipment handling and no electricity bills.
Michael Bennett
That just makes it seem like POS is a money printer for people who buy in early.
Alexander Brown
Proof of Utility is the future.
Daniel Gomez
It literally is so long as you're not buying into dogshit with no use-case or prior adoption.
Wyatt Anderson
But the only people allowed buy in early are VCs so the whole thing just devolves into Jewish tricks.
Asher Fisher
no shit
Gavin Lewis
>he hasn't been accoomulating ETH to PoS mine for the rest of time
>he doesn't want to make free money forever
Not even the only currency out there with a similar working model either.
Luis Allen
I'm a Monerofag. I am trying to make sense of your protocol and can't. You are saying people who get in early get rich. What is in it for people who get in late?
Oliver Foster
Sol is doomed for failure. 500 ms blocktimes lead to state bloat and poor decentralization.
Benjamin Thompson
>500 ms blocktimes lead to state bloat and poor decentralization.
Where can I read more about this and isn't 500ms blocktimes kind of slow by POS standards?
Parker Perry
Anyone got a list of PoW coins worth investing in? Or how I can buy XMR as an Ausfag?