[MuffinFlavored]

> regardless of the fact I think the tech is completely subpar

> Bitcoin uses the Hashcash proof of work system.

Do you feel that way about all proof of work systems? Do you prefer proof of stake instead? Can you elaborate on what you find subpar about the tech surrounding Bitcoin?

[gonehome]

I briefly looked at nano based on the OP’s comment expecting to see proof of stake, but it looks like something more interesting? https://docs.nano.org/what-is-nano/overview/#what-is-nano

I don’t understand how it works yet, but I generally hold what I think is your skepticism for proof-of-stake.

To me, proof-of-stake takes all the technical guarantees of the blockchain and throws them out for a hand-wavy weak guarantee of correctness based on incentive structure. I don’t see how it’s that different from historical digital (or even fiat) currencies based on trust.

Proof-of-work is the interesting bit it crypto currencies.