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Centralization of Stake in PoS
With many different blockchain ecosystems and networks striving for decentralization, ...
Long Live Proof-of-Work, Long Live Mining
It’s been said that Proof of Work (PoW) “wastes” billions (or whatever) of dollars per year, and/or that it “wastes” energy.
Work is Timeless, Stake is Not
Much has been written about Proof-of-Stake (PoS).
Distributed Consensus from Proof of Stake is Impossible (PDF)
Proof-of-stake is frequently proposed as a mechanism for distributed consensus in non-Bitcoin cryp.tocurrencies (“altcoins”).
Proof of Stake is Still Pointless
PoS is still just as expensive as PoW (but it may have different security features).
Proof-of-Stake & the Wrong Engineering Mindset
Proof-of-Stake & the Wrong Engineering Mindset.
What’s Wrong with Proof of Stake?
Using computers to manage assets is not new. Indeed that’s a major reason computers were invented.
Nothing is Cheaper than Proof of Work
The first half generated great interest but (apparently) failed to be universally persuasive.
Proof of Stake Fallacy
Confirmation security requires a person of authority to order transactions.
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