Post
Topic
Board Development & Technical Discussion
Re: [Megathread] The long-known PoW vs. PoS debate
by
n0nce
on 15/03/2022, 18:50:42 UTC
one of the issues any other cryptocurrency has is that they have known founders and developers

Most Bitcoin developers are known; see the bottom "credits" section of [1] for instance.
An unknown founder is not unique to bitcoin either [2].
I know; though it's easier to put pressure on a project by going for individual independent developers. A Core dev could just stop working on Bitcoin (it happened already in the past) to stop being harassed from government etc.
Compared to a project that has a designated 'head' like Vitalik, if one such developer has to stop its engagement with the project due to political pressure, it will have little to no effect on the project and the valuation. That's why I believe projects without 'known founder' and without a very centralized, known team, are more resiliant to censorship and political influence.
Since most cryptocurrencies do have a fixed team (like a company sometimes) behind it, it's super easy for politicians to put pressure on those companies / CEOs / founders.

It doesn't mean that all coins without a known founder are definitely good and definitely secure and all that, though. An implication doesn't have to be an equivalence..