Yanis on Nostr: What does PoW achieve that PoS doesn't ? They both tend to be centralized: In PoW, ...
What does PoW achieve that PoS doesn't ?
They both tend to be centralized:
In PoW, people with the most money buy most mining equipment and mine more, creating the same kind of mining centralization PoS could create.
I'm not sure how PoS creates a notion of 'decentralized clock' PoW can, I'm not sure how PoS dictates how fast are blocks validated.. is that the key ??
They both tend to be centralized:
In PoW, people with the most money buy most mining equipment and mine more, creating the same kind of mining centralization PoS could create.
I'm not sure how PoS creates a notion of 'decentralized clock' PoW can, I'm not sure how PoS dictates how fast are blocks validated.. is that the key ??