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by srfilipek
2612 days ago
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> Proof-of-Stake is coming 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... |
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There are several proof of stake networks running right now. Care to elaborate on the security flaws?