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by seabee 4470 days ago
I hate mining too but you need a decentralized method to keep people from subverting the decision-making process and give them an incentive to participate. I would love a more environmentally friendly method than proof-of-work but I fear you would have to compromise the decentralization aspect to achieve it.
1 comments

Proof of stake is more secure than proof of work, but the problem is that you have to give the new coins to the people with the coins, so it incentivizes hoarding just as much as deflation would.