Re: ICO, IEO, STO, IDO, Fair Launch and Pre-Market, FAILED! What's Next?
To be fair, proof of stake SHOULD have a higher ceiling, but that hasn't happened yet. But, I disagree that they sacrificed their security at all, what have we seen after they went to PoS method? We haven't seen bunch of wallets hacked, nothing bigger than what we have seen in 2021 during peak of DEX where everyday we saw people get hacked, wallets emptied with just some few clicks. Dust attacks were a thing even back then.
What we need to see the difference as a way to move forward and we are seeing that, and not really moving any changes, we are seeing what we should and that should not be a big deal at all. We can handle it and not be bothered by it at all. If we do that, then we can definitely make some money for sure.
Ser, I will not debate with you because, and pardon me for saying this - I'm not trying to offend you, although I do hope you'll be encouraged to do your research and study Bitcoin, Proof Of Work before talking about the "safety" of Proof Of Stake. Because as the way it is designed, developers adopting it obviously has made some trade-offs in their security model, which sacrificed security and decentralization for scalability. But was it worth the trade-off? Did Ethereum actually "scale"?
I believe you should start reading this, https://developer.bitcoin.org/devguide/index.html
Plus explore, https://bitcoin.stackexchange.com/
Talk to smarter people than plebs like us. That's how we learn.