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Topic: What is the drawback of PoS ? - page 5. (Read 1010 times)

newbie
Activity: 24
Merit: 34
June 25, 2022, 04:25:32 PM
#1
I am a proof of work believer, because it garanties decentralization on the hardware level (layer 1).
This is not inherently the case in PoS because its consensus algorithm is not dependant on any scarce real world ressource, provided it does not require a huge amount of memory to run a full node.
In this case I would expect that with a decent amount of miners, a PoS network should still be very decentralized, because it would be very unlikely that coincidentally all miners were geografically colocated.
This assumes that the protocol would not support delegated PoS because there it is obvious that it is more centralized.

So what then is the drawback of PoS or is there something that I miss?
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