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by crispyporkbites 1851 days ago
But at scale you need lots of nodes/computational power and therefore lots of money. It doesn’t really make a difference whether you buy graphics cards in a pow world or ethereum in a pos world, you need lots of capital to be influential.

Now if we could make it Proof of Human, one vote, one person, non-transferable, that would be true distributed consensus. Even then you would get people buying votes with advertising as we see today in “normal” elections.

1 comments

> But at scale you need lots of nodes/computational power and therefore lots of money. It doesn’t really make a difference whether you buy graphics cards in a pow world or ethereum in a pos world, you need lots of capital to be influential.

You're missing the energy part of the equation (opex), that is continuously required.