Post
Topic
Board Altcoin Discussion
Re: Is Proof of Stake Inherently Centralized?
by
Herbert2020
on 29/12/2018, 05:43:20 UTC
no i don't think it is "inherently" centralized but it can become centralized a lot easier than PoW because it is a lot easier for a whale to buy a large portion of a specific coin (to have a large stake in it) and control the coin that way and then get out in a very fast way if he chooses to. but you can't get out of PoW because you need to sell equipment which is not as easy as dumping coins!

as for the hybrid, i have not yet seen anything that can stand out and be considered "better" in my opinion. they all have their own weaknesses, sometimes serious ones too.

Even Vitalik agrees with me on this one. His so called "weak subjectivity".

Vitalik doesn't agree with anything, he doesn't even care. all the is trying to do is to earn more free money by advertising his upcoming enforced fork as a good thing and then sit around and earn profit on his huge stash of premined coins...