| Sui didn't halt because of PoS, it halted because of poor coding practices. Solana isn't rigged because it's PoS, it's rigged because its token is distributed mostly to insiders. > What you are repeating is the same PoS nonsense. Get out of here. That's rude and unhelpful. > Eth drove off a cliff when it went PoS. ETH is the only PoS token that's been performing relatively poorly lately, and it's still in the #2 spot by market cap. (And #1, surpassing Bitcoin, by most other network metrics). > The billionaires were dumping Sol on retail last cycle. Because they gave themselves a bunch of Sol. Fairly distributed PoS coins are not like this. > Eth was “premined”. 103 million of the current 120 million ETH (89%), you or I or anyone could have bought at the public token presale or mined since then. No one person owns more than 0.25% of the supply. That's hardly "premined". Compare that to Bitcoin, where Satoshi mined 5% of the supply while the network was little more than a whitepaper and a repo. That's 20x the largest holder of ETH, and it's a real risk that those keys come alive again some time in the future and cause a panic in the markets. |
It’s all awful and inexcusable!
(Edit for 60%)