pull down to refresh
0 sats \ 0 replies \ @l0k18 25 Apr 2023 \ on: The Fundamental Disconnect of PoW and PoS bitcoin
Proof of stake is like corporate democracy, control of the company, and control of goes in accordance with your stake, or, stock, as they call them... If you don't call a corporation and it's board decentralised then neither is any proof of stake network.
This is also why the tokens are securities. The biggest stakeholders can abscond with everything.