PoS security mechanism is that of a private enterprise.
PoS = PoW with one level of indirection removed.
Instead of
Code:
Dollars -> Mining rig -> Cryptocoins
PoS offersCode:
Dollars -> Cryptocoins
Comparison with a private enterprise is incorrect because you compare only few aspects ignoring the others.
I could say that Bitcoin = FED because miners print money if I followed your tactics.
Dollars, hmm... never heard of them, you mean $nakes?
https://www.youtube.com/watch?v=4r7wHMg5Yjg
By the way, we are talking about forking "bicoin" here.
Is it some form of hidden g@y propaganda? I'm straight, so I'm out
