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by maxerickson 1905 days ago
Proof of work will always be an expensive way to secure a ledger, with little in the way of real advantages.

"Distributed" sounds nice, but it isn't really that valuable in the end.

1 comments

PoW doesn't even lead to good distribution as we can see since a few years and more importantly its not needed. We have Federated Byzantine Agreement (FBA) "blockchians" since like 8 years and it beats PoW by any metric.