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by gustavmarwin
2617 days ago
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It's sad to see YT community members being so ill informed. Proof-of-Stake is coming in leading blockchains such as Ethereum, Polkadot, Cosmos, etc. This is changing. It's a new technology it takes time to improve. Anyway, do your homework before commenting on things you don't understand. |
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There have been so many proposed algorithms on this idea over the past years, yet here we are, still waiting. For now, it's either vaporware or it has a security flaw.
Or, like traditional proof-of-work mining has become, it will coalesce into the very thing it was meant to remove: control by a few powerful and centralized authorities.
Regardless, blockchain is not going to help solve climate change. A distributed carbon credit market is not going to solve climate change.
I want proof-of-stake to work. I really do. But I just don't believe it can anymore...