What are the disadvantages of switching from PoW to PoS ?
I'm asking this, so that we can have an objective discussion.
disadvantages of using POS:
1. POW security is better among Proof of Stake because POW has security with a decentralized system that is arranged in one block (Hash),
2. With the POS system, the price of coins will be easily attacked, for example, someone who has a lot of coins will become the ruler in this proof of stake system.
3. in addition, the supply of coins in proof of stake is not limited, this will greatly affect the fall in the price of coins while POW limits the amount of coin inventory so that the price can increase with the scarcity of the coin.
please correct if wrong.