Post
Topic
Board Altcoin Discussion
Re: Bitcoin Green upgrade proposal
by
topcoin360
on 09/06/2021, 00:25:11 UTC
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.
--snip--

Then the goal is to waste as much electricity as possible to secure 4-7 transactions per second which is also insane. Miners dumping their coins is the equivalent of a hidden fee charged to the hodlers for basically making no transaction which is even more insane but I guess time will tell who's right so we should both shut up and see what happens.  Smiley