Quote from: topcoin360 on June 04, 2021, 07:02:02 PM

Bitcoin was built around the idea of a decentralized currency, not around the idea of wasting as much electricity as possible to secure a transaction worth one USD. Bitcoin is no longer decentralized because of ASICs and mining pools.
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So if you think PoS is the solution, there are already a lot of PoS projects out there. Failed and on-going. What do you think about the EOS debacle though?

What about all the manipulations that are possible in PoS for cornering fee and delegation etc?

Also, those that claim that PoS has equal vote because it doesnt have miners, sadly neither understand PoS, nor PoW.

There is no equal "voting" in PoS. Its all a bunch of corporations/ exchanges/ foundations that setup nodes having sufficient compute to have low latency and process the transactions. Just look at the node requirements for Validating nodes.

In case of PoW, you guys complain about wider macro-issues like miner hardware centralization, mining pools etc. The mining pool argument is worthless anyways. What you conveniently ignore that in PoS these macro-issues have been shown to be much bigger and much frequent, even at way lower scales of transaction value and locked value.

So until there is an actual working chain with even 50% of Bitcoin value, you all should STFU about PoS or others of those academic curiosities somehow being better than PoW.