[leishman]

It is very different: The difference is that PoW is censorship resistant. Anybody can be a miner and existing miners cannot censor new miners. Performing new work is external to the network state. In PoS, existing stakers can prevent new stakers from registering. Very important distinction.

[zionic]

> Anybody can be a miner

This is patently false, endgame PoW centralizes mining around 3rd world coal/cheapest possible (stolen?) electricity. The overwhelming majority of the world has been priced out of BTC mining, not that they could get ahold of an ASIC anyways.

[CameronNemo]

Easy, just buy guns, steal some ASICs, steal some coal, and mine away!!!

[SwagtimusPrime]

Yeah sure, let me just buy a container full of ASICs worth hundreds of thousands of $$$ and I'll start mining: https://twitter.com/SGBarbour/status/1390504269925654532

[throw1234000]

Anybody can be a miner the same way anybody can participate in the race for Mars.

But that doesn't mean your bottle rocket will beat SpaceX there.

[randomhodler84]

Sure. And analogous to PoS is some kind of galactic requirement that you pay some kind of space bond in order to go to space. Mess around and your space bond is slashed. I like the bottlerocket model better.