Fuck POS!

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Fuck POS! Anonymous Mon Sep 19 08:00:05 2022 No.51509702 [Reply] [Original]

I foolishly told myself to buy ETH because of the merge, holy shit, PoS is centralized and its a piece of shit. I preferred it to be on PoW at least that still decentralized.

>>	Anonymous Mon Sep 19 08:29:39 2022 No.51509920 >>51509702 The price action of ETH is shit currently. I hope you weren't rekt anon?

>>	Anonymous Mon Sep 19 08:42:09 2022 No.51510013 >>51509702 It's eco-friendly by 99% see the positive sides annon. If you only see the negativity you will only get rekt.

>>	Anonymous Mon Sep 19 08:44:46 2022 No.51510028 >>51509702 Ok. What metrics changed that make you think it is now centralized? How were you directly impacted, besides price? Were you censored? Was one of your favorite dApps censored?

>>	Anonymous Mon Sep 19 08:48:44 2022 No.51510059 >>51509702 The whole market isn't encouraging for anyone. Everything is on a downward spin

>>	Anonymous Mon Sep 19 08:51:39 2022 No.51510078 >>51510013 What will you now say about proof of Randomness? It will be about 100%

>>	Anonymous Mon Sep 19 09:05:12 2022 No.51510197 File: 2 KB, 125x111, 1662465297320669s.jpg [View same] [iqdb] [saucenao] [google] >>51510028 These questions are very much necessary

>>	Anonymous Mon Sep 19 09:09:15 2022 No.51510235 File: 196 KB, 500x330, 3-1-vampy-stef.png [View same] [iqdb] [saucenao] [google] You shouldn't fuck with the minners

>>	Anonymous Mon Sep 19 09:18:37 2022 No.51510296 >>51509702 It was just a sell the news event, nothing much happened

Anonymous Mon Sep 19 09:21:18 2022 No.51510325
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>>51509702
>I foolishly told myself to buy ETH because of the merge
many such cases, you're the reason why it's dumping now. i was hoping for this to happen, hopefully i'll be able to buy at $500

>>	Anonymous Mon Sep 19 09:22:56 2022 No.51510343 >>51510078 It is simply an advanced PoS, so it has no option but to be better

>>	Anonymous Mon Sep 19 09:33:10 2022 No.51510420 >>51510235 GPU mining gonna fade soon, it is just a matter of time

>>	Anonymous Mon Sep 19 09:37:43 2022 No.51510469 File: 2 KB, 125x125, 1652707652626s.jpg [View same] [iqdb] [saucenao] [google] >>51509702 The merge happened and now is the submerge

>>	Anonymous Mon Sep 19 09:45:54 2022 No.51510530 >>51510235 They are involved in this energy crisis hitting us. It is better I use a mobile phone or raspberry pi to validate nodes in order to limit energy consumption

>>	Anonymous Mon Sep 19 09:58:49 2022 No.51510645 >>51510325 What the fuck are you saying?

>>	Anonymous Mon Sep 19 10:08:03 2022 No.51510737 >>51510530 Eco-friendly L1 it is! Once the mainnet is live I excited to the 1600tps which will be the most fastest.

>>	Anonymous Mon Sep 19 10:11:22 2022 No.51510764 >>51509702 >Laughs in BTC maxi.

>>	Anonymous Mon Sep 19 10:13:05 2022 No.51510776 File: 14 KB, 194x259, images (100).jpg [View same] [iqdb] [saucenao] [google] >>51510078 Proof of randomness solves scalability too. So it's like a prodigy son of POW and POS. Chosen one.

>>	Anonymous Mon Sep 19 10:13:33 2022 No.51510784 >>51510296 Buy the rumor, sell the news. That has been a normal occurrence in crypto

>>	Anonymous Mon Sep 19 10:17:10 2022 No.51510817 >>51510784 Well it's a fact after all. But coding in any programming language is not a rumor through, it can be done in real life.

>>	Anonymous Mon Sep 19 10:17:33 2022 No.51510819 >>51510343 Which combined the ecofriendly nature of PoS and the democracy of PoW into one

>>	Anonymous Mon Sep 19 10:18:18 2022 No.51510827 File: 836 KB, 1170x1464, 13D727A6-890F-438F-9ABD-E74BFC91C4A4.jpg [View same] [iqdb] [saucenao] [google] >>51510013 >eco-friendly >he fell for this retarde meme

>>	Anonymous Mon Sep 19 10:19:58 2022 No.51510841 >>51509702 Asides from reducing the energy consumption, nothing was achieved. It isn't even quantum resistant even after NIST made its recommendations

Anonymous Mon Sep 19 10:20:27 2022 No.51510845
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>>51510819
Librescan will be tye most decentralized blockchain explorer once it's released. Tbh the gas fee will also be pegged with the dollar price. So the transaction fees are predictable.

>>	Anonymous Mon Sep 19 10:20:56 2022 No.51510852 crypto is pure nigger shit

>>	Anonymous Mon Sep 19 10:22:08 2022 No.51510870 >>51509702 >he bought the news heres a tip for the beginners out there, next time, buy high and sell low!

Anonymous Mon Sep 19 10:22:29 2022 No.51510877

>>51510028
>50% premine
>devs hold supermajority of supply
>asset generation and asset supply are now both the same source

how can you really be this retarded

this is lining up to be the biggest rugpull in human history and theres still twinkly-eyed web3 cock gobbling faggots like you singing it praises.

i sincerely will not feel bad when you lose. you are a fool.

>>	Anonymous Mon Sep 19 10:33:23 2022 No.51510986 >>51510870 That's what I learnt from the last bull run. To take my profits now and then. Started to DCA on a few bluechips like ALGO AVAX QANX TEL and QRDO

>>	Anonymous Mon Sep 19 10:35:17 2022 No.51511007 File: 4 KB, 259x194, images (90).jpg [View same] [iqdb] [saucenao] [google] >>51510852 It's going die soon anon. All these fuckers deserve a big dick kek.

>>	Anonymous Mon Sep 19 10:36:21 2022 No.51511017 >>51510986 >bluechips >lists all complete shitcoins lmao hopeless

>>	Anonymous Mon Sep 19 10:37:22 2022 No.51511026 >>51510841 Only Qan adopted the primary recommendation which was CRYSTALS Dilithium

>>	Anonymous Mon Sep 19 10:37:24 2022 No.51511027 File: 6 KB, 225x225, images (92).jpg [View same] [iqdb] [saucenao] [google] >>51511007 Fuck you all. Pimps marketing shot in here. Get the fuck out of the boards madharchod

>>	Anonymous Mon Sep 19 10:38:52 2022 No.51511040 File: 5 KB, 250x175, aefbkunfve.jpg [View same] [iqdb] [saucenao] [google] >>51510870 I did that. I got rekt. >Thanks bobo

>>	Anonymous Mon Sep 19 10:41:10 2022 No.51511061 File: 9 KB, 211x239, images - 2022-09-19T160901.270.jpg [View same] [iqdb] [saucenao] [google] >>51511017 You may perish by the Quantum computers faggot. If these are shitcoins you are the biggest shithead in the whole world.

>>	Anonymous Mon Sep 19 10:45:31 2022 No.51511095 File: 351 KB, 600x600, efbukdvnskdvn.png [View same] [iqdb] [saucenao] [google] >>51511061 Hackers already made by bags to perish. Hacking should be banned. >>51511040 I sold the top but still lost it all in a Defi hack

>>	Anonymous Mon Sep 19 10:47:37 2022 No.51511108 File: 10 KB, 250x243, 1662735325603926s.jpg [View same] [iqdb] [saucenao] [google] >>51509702 Whatever your choice maybe, you'd still get rekt if the quantum threat becomes reality

>>	Anonymous Mon Sep 19 10:49:49 2022 No.51511125 >>51511027 Pervert

>>	Anonymous Mon Sep 19 10:50:39 2022 No.51511133 >>51511108 Quantum computers are good for the world. Just don't sell them to hackers and we will be fine... I hope. >It would only be a problem if hackers can make their own.

>>	Anonymous Mon Sep 19 10:51:04 2022 No.51511136 >>51511095 You deserve that jeet. Rekt is all I see in you.

>>	Anonymous Mon Sep 19 10:53:14 2022 No.51511159 >>51511133 It's far fetched fool. Dumbass don't loose all your funds. Better to invest in a privacy blockchain for all you know. Prevention is better than cure.

>>	Anonymous Mon Sep 19 10:54:21 2022 No.51511171 File: 3 KB, 250x248, 1662879094054592s.jpg [View same] [iqdb] [saucenao] [google] >>51510737 Putting the hybrid feature into consideration, a million tps is possible

Anonymous Mon Sep 19 10:56:20 2022 No.51511196
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>>51511108
Agreed desu. 20 million drvs are aware of the new technology called the Hyperpolyglot smart contract engine where they can code in any language. Isn't this futuristic?

>>	Anonymous Mon Sep 19 10:56:33 2022 No.51511201 File: 5 KB, 217x250, hzbkzdnvkvs.jpg [View same] [iqdb] [saucenao] [google] >>51509702 The world is fucked by energy crisis, and you are still supporting PoW? You need to get your head checked schizo. Luckily, my uncle is a psychiatrist.

>>	Anonymous Mon Sep 19 11:00:49 2022 No.51511237 >>51511061 >thinking quantum will break SHA256 instead of using it to mine and actually making money lmao

Anonymous Mon Sep 19 11:01:31 2022 No.51511246
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>>51509702
The market is dying, scammed, hacked and ruggpulled and you are talking about some algorithm. If you can buy some altcoins or just die. Imo it's better to go with L1 with top security, futuristic technology, Eco-friendly and economical.

>>	Anonymous Mon Sep 19 11:02:57 2022 No.51511264 >>51511171 > Million TPS. You also want my Uncle to visit you too? How tf can anyone get above 100k TPS? I've tested all those chains and I couldn't get above 1k with any of them in real time.

>>	Anonymous Mon Sep 19 11:05:13 2022 No.51511284 >>51509702 When you cut out a large amount of money that was flowing into the operation of eth the price will drop.

>>	Anonymous Mon Sep 19 11:07:56 2022 No.51511313 >>51511201 >energy crisis It's manufactured.

>>	Anonymous Mon Sep 19 11:16:12 2022 No.51511406 >>51511313 Exactly. There's enough energy in the world, but chad Russia is punishing Eurofags. >China already banned mining though. Bad for them.

>>	Anonymous Mon Sep 19 11:27:08 2022 No.51511500 File: 3 KB, 365x138, index.png [View same] [iqdb] [saucenao] [google] >>51511264 SOL TPS is around 100k, same for ETH TPS, QANX TPS is also around 100k. ADA next TPS can theoretically be approaching a million.

>>	Anonymous Mon Sep 19 11:35:52 2022 No.51511565 File: 14 KB, 348x348, jkdvnunvbf.png [View same] [iqdb] [saucenao] [google] >>51509702 ETH will end the year at $3k. Keep your bag, you will appreciate it.

>>	Anonymous Mon Sep 19 11:45:37 2022 No.51511656 >>51511196 This can only be possible if the designers integrated a Linux ware into a virtual machine in a way that makes it possible to run any code. That's pretty hard to do, but can be useful.

>>	Anonymous Mon Sep 19 11:48:27 2022 No.51511682 DEATH TO PAJEETS KILL YOURSELF FUCKING FAGGOTS SHITTING UP THIS BOARD. NECK YOURSELF YOU WILL NEVER MAKE IT. >DEATH TO PAJEETS KILL YOURSELF FUCKING FAGGOTS SHITTING UP THIS BOARD. NECK YOURSELF YOU WILL NEVER MAKE IT.

>>	Anonymous Mon Sep 19 11:49:02 2022 No.51511686 File: 34 KB, 597x498, 1652643837216.jpg [View same] [iqdb] [saucenao] [google] >>51511565 I already sold mine for BTC. I think the dump isn't finished, after that I can buy back ETH.

>>	Anonymous Mon Sep 19 11:50:34 2022 No.51511704 >>51511682 this but unironically jesus christ they're out in droves today you'd think recent price action would get them to flee for the hills

>>	Anonymous Mon Sep 19 12:00:56 2022 No.51511804 >>51510013 Yeah. Can’t believe how people are fine with BTC mining’s 0.08% of global emissions literally destroying our planet

>>	Anonymous Mon Sep 19 12:03:34 2022 No.51511842 >>51509702 Newfags dicovers he is foolish. Kek Buy the rumour, sell the news. That's how crypto works. PoS is still based. No one uses pure PoS anyway, chad modify it to make their own like Casper, DPOS, PPOS, POR, RPCA.

>>	Anonymous Mon Sep 19 12:10:48 2022 No.51511928 >>51509702 Words of a stupid fucking idiot, ETH could speed up processing and offer greater security and stability, and a 98% or greater reduction in Ethereum's energy consumption,

>>	Anonymous Mon Sep 19 12:10:59 2022 No.51511932 File: 8 KB, 225x225, 1644935537980.jpg [View same] [iqdb] [saucenao] [google] >>51509920 Anon was definitely rekt.

>>	Anonymous Mon Sep 19 12:15:23 2022 No.51511983 >>51511565 >>51511686 It's already starting to recover, which is a shame because it wanted it to drop under 900 before buying

>>	Anonymous Mon Sep 19 12:15:37 2022 No.51511985 >>51511842 Pure proof of stake and proof of randomness are among the most admirable algorithms asides proof of work. >>51511928 It's a good thing ETH did. Kadena and Ergo chads still allow mining and it works for them.

>>	Anonymous Mon Sep 19 12:18:46 2022 No.51512029 >>51511983 If ETH gets close to 1k, I will buy a shit ton of it. For now, I'm trying to find out where the miners are going.

>>	Anonymous Mon Sep 19 12:34:38 2022 No.51512216 >>51512029 It should never get there schizo, you want my bag rekt? You are better off with LINK

Anonymous Mon Sep 19 12:35:46 2022 No.51512236
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>>51509702
Gays know how fucking bad ETH has been hitting their anal holes and I'm surprised that a retard like OP could be this low to settle for POW. You can have some jerks and use the PoR concensus algorithm which is a eco-friendly initiative to mine the QANX tokens once the mainnet goes live.

>>	Anonymous Mon Sep 19 12:41:32 2022 No.51512326 >>51512029 Fuck! Who's this crazy dude? You want to buy when the gas fee hasn't been regulated??

>>	Anonymous Mon Sep 19 12:43:47 2022 No.51512359 >>51509702 PoS Did not solve the high gas fee PoS is Centralized PoS Fucked ETH up >>51511108 QCT is near we might not Just see it yet, but L1 likes Qanplatform is resistant to it so it's a relief at least

>>	Anonymous Mon Sep 19 12:48:48 2022 No.51512446 File: 73 KB, 1024x837, 1645456892985.jpg [View same] [iqdb] [saucenao] [google] >>51509920 I got rekted, I bought in at 1700

Anonymous Mon Sep 19 12:52:50 2022 No.51512509

>>51512359
PoS Fucked ETH up
>but L1 like Qanplatform is resistant to it so it's a relief at least
That's simply the ultimate and no shit is ever coming close to this hard-nut quantum-resistant platform, BTC ETH ADA might not survive which is not hyperbole.

Anonymous Mon Sep 19 12:53:17 2022 No.51512514
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>>51509702
POW is not enoughe you need asic&fpga rezistance to keep it decentralized. Maybe bitcoin is exeptional since the miners are easyer to get. But in the end of the day your avrage decentralized Joe owns only a cpu & gpu. And he wont be getting some china manufactured mining device.

>>	Anonymous Mon Sep 19 12:54:33 2022 No.51512529 >>51512029 I rather buy QANX, wait till mainnet then become a Validator, PoR is way better than PoS

Anonymous Mon Sep 19 12:58:35 2022 No.51512591

>>51511406
>Exactly. There's enough energy in the world, but chad Russia is punishing Eurofags.

that isnt true, oil production peaked in 2018. also there isn't enough heavy oil for making diesel.

there are also problems with coal and natural gas production. we are in a very precarious situation.

Anonymous Mon Sep 19 13:07:51 2022 No.51512703
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>>51512514
PoW is a fucking waste anon, if PoR could attach thousands of sweet horny pussies with algorithms in banking, financial services and wherever you have a cryptocurrency algorithm and make them post-quantum resistant, goddamn it, I will fuck them all.

Anonymous Mon Sep 19 13:17:33 2022 No.51512823

>>51512446
I guess the LUNA effect is still on you, you should have cashed out like a Russian merchant fool.
The increasingly bearish market of Q1 2022, triggered by rising inflation and successive interest rate hikes by the FED, pushed UST’s market cap to 18B dollars and LUNA to an ATH of 119.18 dollar as users retreated to the supposedly stable gains sold by Anchor... That's how you were caught up in an unsustainable trap.

>>	Anonymous Mon Sep 19 13:18:52 2022 No.51512843 >>51512591 Carbon Generated causes a lot of damage to the Environment as well, personally, I don't support PoW >>51512703 If this solves the energy Issues and is decentralized then all is well and good, tech is growing fast

>>	Anonymous Mon Sep 19 13:22:22 2022 No.51512898 >>51512843 >Carbon Generated causes a lot of damage to the Environment as well, personally, I don't support PoW People won't care about magic internet beans for much longer.

Anonymous Mon Sep 19 13:24:45 2022 No.51512934
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>>51510059
Must you die poor like an idiot because the market is bad? I'm sure every Dev out there ain't feeling the bear bites because they've got a chance to code some asses and smart contracts in any programming language even NodeJS, C++ and GoLang

Anonymous Mon Sep 19 13:29:57 2022 No.51513008

Swap fees before the "merge": 200 dollars for a 2000 dollars swap.
Swap fees after the "merge": 1.78 dollar for a 2000 dollars swap.

Is now a good time to buy ETH?
The merge was actually pretty good, ETH is finally getting rid of the MEV mafia.
Those exhorbitant fees are gone. Transfer between ETH wallets are costing cents now. I paid 20 cents to transfer ETH between wallets.

Feels so good to see mETHard miners being fucked in the ass. I hope you had your enjoyment in ripping us with absurd fees. I didn't buy any of the scams on /biz/ because of those fees. Missed all of them.

>>	Anonymous Mon Sep 19 13:30:39 2022 No.51513027 >>51512823 Do Kwoon, fuck us in the ass and he cummed in a nice position. >>51512934 EVM only allows Dev code in Solidity which is a pain in the ass, I prefer NodeJS, >QVM is a dream come true for we Devs

>>	Anonymous Mon Sep 19 13:30:58 2022 No.51513034 >>51512823 Only greedy fags get rekt

Anonymous Mon Sep 19 13:37:37 2022 No.51513169
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>>51512843
>If this solves the energy Issues and is decentralized then all is well and good, tech is growing fast
building
Oh yeah, what an era to live in, with a quantum-proof, energy efficient
and fast platform, that relies on
a new protocol the Proof-of-
Randomness, and a fully Quantum resistant stack of security, no bitches with flappy boobs can fuck around here.

>>	Anonymous Mon Sep 19 13:39:25 2022 No.51513200 >>51513008 The whole market went down after the ETH merge. Nevertheless, I'm still buying ETH and ALBT now it is low and looking forward to the brighter days.

>>	Anonymous Mon Sep 19 13:42:00 2022 No.51513269 >>51510845 shitty fucking spam like you ruined this board. You are wasting your time pissing into the sewer you made.

>>	Anonymous Mon Sep 19 13:46:42 2022 No.51513352 >>51513027 Pajeet, devs don't get fucked as far as their asses are quantum protected and can program in any programming language with developer royalties for the rest of their retarded lives.

>>	Anonymous Mon Sep 19 13:52:01 2022 No.51513458 >>51513200 In every family there is always an idiot and in this thread you're a confirm idiot.

Anonymous Mon Sep 19 14:02:14 2022 No.51513617
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>>51511095
>Hackers already made by bags to perish. Hacking should be banned.
Hey faggot, have some rest and get your pussy open for Qanplatform, its DApps are quantum-proof through a Lattice-based post-quantum cryptographic algorithm implemented in Rust programming language that secures its whole ecosystem.

>>	Anonymous Mon Sep 19 14:04:58 2022 No.51513666 >>51512029 I cannot stop throwing more money at my liquidated long ETH positions bc I will kms if I miss the pump that I've lost 6 figures waiting for

Anonymous Mon Sep 19 14:06:02 2022 No.51513689
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>>51511237
It can break crypto, do you know how many greedy MF is out there, this year alone a lot has been lost to hacking.
>Get this to your skull, prevention is better than cure

>>	Anonymous Mon Sep 19 14:10:08 2022 No.51513737 >>51513458 Fuuuuuuuuuuuking gay

>>	Anonymous Mon Sep 19 14:16:20 2022 No.51513827 File: 10 KB, 244x206, images (46).jpg [View same] [iqdb] [saucenao] [google] >>51512326 Don't be surprised, some morons don't know that they can enjoy a fucking fixed transaction fees which no fucking idiots can offer.

Anonymous Mon Sep 19 14:17:06 2022 No.51513839
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>>51513689
Read the news on China heavily funding QC tech, those dicks are up to something sketchy
>>51511061
Blockchains resistant to QCT will be the next real deal, the wise will research

>>	Anonymous Mon Sep 19 14:18:30 2022 No.51513866 >>51513689 Can it break an Asian's virginity?

>>	Anonymous Mon Sep 19 14:21:31 2022 No.51513908 >>51513689 yes even Vitalik says that there are security problems

Anonymous Mon Sep 19 14:28:20 2022 No.51513999

>>51509702
I don't remember the phrase, but stuff like that never works out. When a partnership announcement or some update comes along, people expect a 2x or something ridiculious, and when it doesn't pan out they sell and stop buying.
So sell before halving, partnerships and updates. then buy back after the dip.

Anonymous Mon Sep 19 14:38:07 2022 No.51514162

>>51513839
Now I see why the strongest L1 quantum resistant team was invited to participate in the EU-Indian innovation center program to help European startups expand to the Indian market. Soon after businesses and companies in india must have adopted the quantum resistant technology, dickheads will be protected against the future attacks of quantum computers.

>>	Anonymous Mon Sep 19 14:48:32 2022 No.51514349 >>51513908 That dude has no clue what's coming, ETH does not have what it takes right now to be quantum resistant >>51513027 NodeJS is good, too common but easy to learn by basically all retard, QVM will bring massive innovation into crypto

>>	Anonymous Mon Sep 19 14:53:26 2022 No.51514435 File: 144 KB, 1013x1008, 1639860174033.png [View same] [iqdb] [saucenao] [google] >>51509702 PoW and PoS is shit

>>	Anonymous Mon Sep 19 14:56:11 2022 No.51514480 >>51512591 Oil is a renewable resource and its generated between the earth crust. The Russians know this and they control the nodes. Its not fossils.

>>	Anonymous Mon Sep 19 15:07:09 2022 No.51514662 >>51509702 PoW is equally centralized.

Anonymous Mon Sep 19 15:08:40 2022 No.51514678

>>51511804
They don't care obviously, they will prefer to destroy the planet to make money
>>51511928
PoS will have been the best if Mining cannot be manipulated since validators are chosen based on the number stakes, I love the Idea of Proof of Randomness, Validators are chosen at random, whales are now disappointed, and at least anon like myself can finally have a say

>>	Anonymous Mon Sep 19 15:10:32 2022 No.51514698 >>51513008 mining profitability and high fees werw literally the only reason eth value was so high you just removed the only source of value eth had have fun

>>	Anonymous Mon Sep 19 15:30:25 2022 No.51514981 File: 34 KB, 600x612, 1645456909454.jpg [View same] [iqdb] [saucenao] [google] >>51509702 You are a fool. This is bear and the price will go up eventually. >>51511565 based

Anonymous Mon Sep 19 17:42:56 2022 No.51517080

>>51510877
>50% premine
Wrong.
>devs hold supermajority of supply
Wrong.
>asset generation and asset supply are now both the same source
???

PoW is staking btw, except there are more steps between the coins you get and how you lock them (procuring mining equipment and setting up that farm).

>I sincerely will not feel bad when you lose.
Cool, nobody asked.

>>	Anonymous Mon Sep 19 17:44:01 2022 No.51517097 >>51514662 > PoW is equally centralized. He doesn't know

>>	Anonymous Mon Sep 19 17:45:37 2022 No.51517126 >>51517080 > PoW is staking btw No its not. POW you can only sell the rewards. POS you can sell rewards + initial position THERE ARE STILL PEOPLE WHO CANT UNDERSTAND THIS

Anonymous Mon Sep 19 17:56:18 2022 No.51517313

>>51517097
He's right, it's even more centralized in the long run.
For bootstrapping a network it's fine, otherwise it's not.
Specific economies of scale rapidly come into play, I'm not saying this isn't true in POS.

>>51517126
>It's not tomato it tomaytoew.
>depreciable assset vs a non-depreciable one.

>POW you can only sell the rewards.
Wrong. You can sell your ASICs/GPUs for coins.

Anonymous Mon Sep 19 18:02:16 2022 No.51517424

>>51517080
the asset reward is the same as the asset used to bring the reward. this is a huge problem.

>PoW is PoS with extra steps
and those extra steps are literally the entire reason a PoW network has any real quantifiable value whatsoever.

>wrong about premine and dev holdings
lmao cope. they are gearing up for a rugpull and youre too busy gobbling skelly's cock to look up and notice.

Anonymous Mon Sep 19 18:24:05 2022 No.51517815

>>51517424
>the asset reward is the same as the asset used to bring the reward. this is a huge problem.
What invaluable feature does converting your assets to GPUs to mine rewards have?
I could say that your statement is wrong, it's not ETH that generates rewards, but your staked ETH, which is not spendable.
You're probably going to mention staked ETH synthetics, a miner can sell derivatives of his operation and sell that for BTC too.

>and those extra steps are literally the entire reason a PoW network has any real quantifiable value whatsoever.
Friction is the secret sauce to value?

>lmao cope. they are gearing up for a rugpull and youre too busy gobbling skelly's cock to look up and notice.
Wouldn't hold my breath, and even in the case that is true, the system still works and people would just fork away.

>>	Anonymous Mon Sep 19 18:33:09 2022 No.51517970 >>51511804 We could not change the climate of planet earth if we actively tried and we all simultaneously burned every ounce of coal and oil in unison for the next 100 years anon

>>	Anonymous Mon Sep 19 20:31:29 2022 No.51519989 >>51517126 >POW you can only sell the rewards. >POS you can sell rewards + initial position Can you elaborate on this retarded theory of yours?

>>	Anonymous Mon Sep 19 22:09:05 2022 No.51521421 >>51519989 the means of production and capital are the same thing in PoS. this is why it isn't sound money from any perspective. literally that simple to understand.

>>	Anonymous Mon Sep 19 22:22:08 2022 No.51521624 >>51521421 >the means of production and capital are the same thing in PoS Huh? They're the same thing by definition.

>>	Anonymous Mon Sep 19 22:28:03 2022 No.51521695 >>51510028 eth is so centralized an attack isn’t possible because it’s no longer a cryptocurrency

>>	Anonymous Mon Sep 19 22:29:19 2022 No.51521718 >>51512446 I think I had a better feeling with LUNA than when I lost my keys to the wallet that bagged my ETH atm, thanks to identity and asset management projects that are coming up in the space to prevent re-occurrence of such

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/biz/ - Business & Finance