Friday, 16 December 2022

Educate me: Why proof of stake cant be decentralize? how does that compare to bitcoin?

How do you define decentralization? what are the matrix? (please start by answering this)

A quick google search online shows that >50% hashrate of BTC is control by only 5 companies. That might be alittle old data, not sure what it is now. But seeing miners keep losing money, if these big miners fail then the other big miners that survive will even have more of the network % wise.

Is this a problem? why or why not?

And why in your opinion PoS cant be decentralize by design? or can it be?

submitted by /u/Kitsune_85
[link] [comments]

No comments:

Post a Comment