/biz/ - Business & Finance

>>	Anonymous Wed Jun 5 18:57:47 2019 No.14021500 [View] File: 404 KB, 1884x978, gupta-censorship-ethereum-gab-nazi-communists.png [View same] [iqdb] [saucenao] [google] >>14021418 another retarded ETH kid big surprise

>>	Anonymous Tue Jun 4 21:29:36 2019 No.14006902 [View] File: 404 KB, 1884x978, gupta-censorship-ethereum-gab-nazi-communists.png [View same] [iqdb] [saucenao] [google] ETH is a mess

>>	Anonymous Tue Jun 4 16:56:11 2019 No.14003297 [View] File: 404 KB, 1884x978, gupta-censorship-ethereum-gab-nazi-communists.png [View same] [iqdb] [saucenao] [google] ETH IS A MESS

>>	Anonymous Mon Jun 3 18:12:41 2019 No.13988072 [View] File: 404 KB, 1884x978, gupta-censorship-ethereum-gab-nazi-communists.png [View same] [iqdb] [saucenao] [google] >>13988064 ETH is a mess

Anonymous Mon Jun 3 16:57:41 2019 No.13986973 [View]
File: 404 KB, 1884x978, gupta-censorship-ethereum-gab-nazi-communists.png [View same] [iqdb] [saucenao] [google]

>>13986865
a decentralized system needs a fair distribution mechanism
every block reward was earned for securing the system
they were rewarded fairly on a clearly defined schedule since the first block
the continued security has to be PoW to claim transaction fees or else the richest holders can dictate the future of the network without any risk or effort
if the miners act outside consensus their blocks are rejected if they collude to enfore a new consensus they're bricked through PoW change
that's a nuclear option but it's insurance against bad actors

PoS is total shit, the coin creators own all of it and make all current and future decisions with no consequences because they essentially control everything

>>	Anonymous Mon Jun 3 00:04:09 2019 No.13976343 [View] File: 404 KB, 1884x978, gupta-censorship-ethereum-gab-nazi-communists.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Thu May 30 14:57:14 2019 No.13919151 [View] File: 404 KB, 1884x978, gupta-censorship-ethereum-gab-nazi-communists.png [View same] [iqdb] [saucenao] [google] ETH is a mess!

>>	Anonymous Thu May 30 14:49:22 2019 No.13919000 [View] File: 404 KB, 1884x978, gupta-censorship-ethereum-gab-nazi-communists.png [View same] [iqdb] [saucenao] [google] bitcoin citadel >run completely on ETH are you fucking kidding me

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