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by relyio 3033 days ago
You understood OP wrong. He is not saying that PoW is the only viable method of securing the chain, but rather, that you need a mining incentive.

There is such a mining incentive in proof-of-stake, block signers get rewarded.

1 comments

I think you must have misread what I wrote because I specifically mentioned incentive.

> There is such a mining incentive in proof-of-stake, block signers get rewarded.

Not in all PoS coins, actually. And arguably you don't need it. Your stake's value is contingent on fulfilling the implicit promise of the network: honest, accurate, fast transactions.