I agree however, personally I prefer to believe that there is something
better which is not in practice. Something will never be truly decentralized
if a group of small people can, in any form, directly or indirectly control it.
Topic: "Decentralized" because market control is illegal (Read 171 times)
Dear bitcointalk community,
How can you believe in Proof of Stake (POF) more than in Proof of Work(POW)?
While POW is less effective in terms of costs, does Proof of Stake make
Ethereum "decentralized"?
With POF, the validators chosen are those with the highest number of coins
In other words, your decentralized, not controlled by a central authority
Ethereum Blockchain is now controlled by the BIG WHALES.
The first investors were in control of the Blockchain. They were
the guys rewarded most just because they had most.
Thanks all for falling into this "smart" scam.
Disclaimer: I also own Ether and I'm not being a hypocrite or laughing
at people who own Ether
How can you believe in Proof of Stake (POF) more than in Proof of Work(POW)?
While POW is less effective in terms of costs, does Proof of Stake make
Ethereum "decentralized"?
With POF, the validators chosen are those with the highest number of coins
In other words, your decentralized, not controlled by a central authority
Ethereum Blockchain is now controlled by the BIG WHALES.
The first investors were in control of the Blockchain. They were
the guys rewarded most just because they had most.
Thanks all for falling into this "smart" scam.
Disclaimer: I also own Ether and I'm not being a hypocrite or laughing
at people who own Ether
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