Ask SN: What are some well thought out arguments against Proof of Stake?
172 sats \ 4 comments \ @nout 3 Nov 2021 bitcoin
With understanding the how and the why of proof-of-work I can intuitively say why Proof of Stake is a bad idea. That said I haven't really found good resources or evaluation of Proof of Stake.
What are the best resources and arguments against/for Proof of Stake?
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146 sats \ 0 replies \ @ugmug 3 Nov 2021
Some articles that I have bookmarked:
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74 sats \ 0 replies \ @relc 3 Nov 2021
from what i recall:
  • you could lend money to control the chain.
  • you need to have the stake online to prove.
  • single point of failure while in pow you need silicon and power.
  • calculation wo can mine the next block has issues.
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11 sats \ 0 replies \ @nout OP 3 Nov 2021
The one model that I think is useful for evaluating the trust required is
https://vitalik.ca/images/trust/trustout.png
Where would proof-of-stake fall in there? Is there difference between different implementations?
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0 sats \ 0 replies \ @singalong 8 Nov 2021 freebie
"value" to stake needs to always be ootstrapped from somewhere else ?