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51072515 No.51072515 [Reply] [Original]

Anything other than PoW is a scam.

>> No.51073057

FACTS. They really sacrificing security for scalability lmao. These retards are askin' for a ruggin' fr fr

>> No.51073071

>>51072515
I don't listen to racists.

>> No.51073085

>>51073071
pussy nigger bitch

>> No.51073123

>holding eth after tornado cash fiesta
https://www.youtube.com/watch?v=aeJQNZTM3xw

>> No.51073167

>>51073123
Wow this chink is very funny, original, creative, and innovative! Just like all chinks.

>> No.51073186
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51073186

Precious Metals are the original Proof of Work

>> No.51073214
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51073214

>>51073071
Go suck unicorn cocks tranny
We are not here to ReVolUtIoNaLiZe FiNaNcE
We are here to nuke it to zero and kill central banking

>> No.51073243
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51073243

Anything other than PoS is retarded and inefficient anon. ETH post merge and Polygon are kings.

>> No.51073263

>>51073186
goods are the original proof of work

>> No.51073363

>>51073243
This. I don't understand why people have so much against a digital analogue when literally the entire crypto space is about creating digital analogues of money.

Why can't you just make a PoS system that mathematically represents the bitcoin network? Put really simply, something like:

Each PoS token can digitally represent a top of the line ASIC miner with access to cheap electricity. You can have X miners which give you a probability of Y for getting the block reward.

So why not just digitally represent that scenario in a way that the system can't be gamed? Instead of electricity and ASICs being the rate limiting factor, it can be number of tokens with the randomness element determined by Chainlink VRF.

Can anyone explain what would be the technical difference and inferiority of this latter solution?

>> No.51073551

>>51073363
You'll get coercion from the validators.

>> No.51073626

>>51073551
That isn't a guarantee. Also what is stopping coercion amongst BTC miners?

>> No.51073647

>>51072515
Correct. BSV and XMR all the way. BTC too just because this is a market of fags.

>> No.51074540

>>51073243

How to reveal yourself as a noob in 1 easy step

>> No.51074571

>>51073626

Because electricity has value everywhere on earth outside the system. The tokens you are staking were created out of thin air.

Fucking board is still infested with clueless shitcoins. I don’t know why i came back today.

>> No.51074597
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51074597

>>51072515
damn straight

>> No.51074673

>>51073363
PoW gives actual value to the token through computational effort needed for mining. PoS is equivalent to rate of interest, in that the more you invest in the token and stake it the better chances are to win more, even with randomness added in equation.

>> No.51074708
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51074708

>>51073071
Cope

>> No.51074794

>>51072515
Working is Commie shit, faggot.