greek_prick on Nostr: They have to sell to cover electricity costs. If they were PoS validators they ...
They have to sell to cover electricity costs.
If they were PoS validators they wouldn’t have to sell. They would concentrate more and more coins which this eventually would give them more control over the network.
Do you see now why PoW matters and PoS is a broken model?
Published at
2023-08-05 07:06:16Event JSON
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"pubkey": "8178bfb9e56894728958b8ac999907fc97b95729f9823feaaab113a4a54b0245",
"created_at": 1691219176,
"kind": 1,
"tags": [
[
"imeta",
"url https://cdn.nostr.build/i/3294fbec533bf4049a36e89b3172f4caa339f04d89beb92acfee421ffb1f1548.jpg",
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"content": "They have to sell to cover electricity costs.\nIf they were PoS validators they wouldn’t have to sell. They would concentrate more and more coins which this eventually would give them more control over the network.\nDo you see now why PoW matters and PoS is a broken model? https://cdn.nostr.build/i/3294fbec533bf4049a36e89b3172f4caa339f04d89beb92acfee421ffb1f1548.jpg ",
"sig": "41956a56aee10cbbcfce0739201574382f16bce08bc6d45ff38f6d44d42ee4200aa9a31de311ac6eefa94e7d25377e9543a03af9231b0a977d367216a749b02a"
}
