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by TakeBlaster16
1398 days ago
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The difference is that PoW pools are made up of individual miners who are free to go elsewhere if their pool misbehaves. Pools do not have their own mining hardware, and so they have an economic incentive to be well-behaved. If they misbehave, everybody leaves and they vaporize their business overnight. PoS is tyranny of the majority: You cannot take your business elsewhere. |
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