Post
Topic
Board Bitcoin Discussion
Re: I’m worried about the future of Bitcoin
by
goldkingcoiner
on 21/10/2024, 08:18:17 UTC

Could Bitcoin switch to PoS like Ethereum? That would also cause Bitcoin’s price to fall.
No never because PoS is a fundamentally flawed protocol.


Not only is PoS a POS (Get it?  Tongue) but it is also a way to completely centralise a decentralized cryptocurrency. When Ethereum became PoS, 2 addresses owned 46% of the nodes. That is de-facto de-decentralized (aka centralized).

That is not something we would want for Bitcoin.