Most are saying that PoW is decentralized and PoS is more centralized. how PoS more centralized ? my question is most are now PoS so it will be bad if centralized.
BTC PoW is centralized to a mere 4 mining pools with just 4 colluding mining pool operators able to 51% attack btc at a moment's notice.
(For Years)Anyone that claims 4 people is decentralized is a moron.
PoS coins such as Cardano have over 3000 staking pools, with program code design to prevent centralization.https://docs.cardano.org/explore-cardano/cardano-design-rationaleAnother major aim in the design of Cardano is to reduce centralization while actively working against economic incentives that would drive the system towards centralization. As soon as you have stake pools, you have an economic incentive for these pools to grow, so it was important to make it less attractive for a stake pool to become too big. It is more cost-efficient to have a small number of large pools, than a large number of small pools. Cardano was designed to work against the economic incentive where large pools dominate the system, by making it less attractive for a pool to become too big. This was achieved by changing the reward formula. In a naive system, the total rewards for a pool would be proportional to its stake, so the bigger it gets, the better. In Cardano, if a pool attracts more stake than a certain threshold (1/k, where k is a configurable parameter), its reward will no longer increase. So, if everyone acts in their own self-interest to maximize their rewards, you expect k pools of roughly equal size.
https://www.yahoo.com/lifestyle/cardano-blockchain-achieves-100-decentralization-220615285.htmlCardano Blockchain Achieves 100% Decentralization
BTC failed PoW design has nothing to match Cardano superior PoS code.
