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by space_rock 1868 days ago
DAO fork showed Ethereum to be centralised similar to a company therefore a database or PoS for the blockchain is a better fit than PoW
1 comments

This is nonsensical. PoS is a mechanism for assuring transactions can get added to the block chain securely. It has nothing to do with whether the controlling interests are centralized or not.
If you could take control of all the miners, how much would it cost to rewrite the chain?

If you could take control of all the stakers, how much would it cost to rewrite the chain?

Answer this honestly and you'll see why people trust PoW much more than PoS.

PoS is only suitable for more centralised projects. For Bitcoin it would remove the properties that make the network unique