It shouldn't be much of a surprise to learn that the r/bitcoin sub, bitcointalk.org, and several other bitcoin communities are owned by one and the same person that have a history of censoring dissenting opinions. Just…
Lol. Can you personally verify what your bank is doing? No you can't. If it was on the blockchain, you could.
mining is actually worse because of economies of scale. rich miners don't need pools so they don't pay fees, they get bulk deals and earlier access to the newest ASICs, they can pay personnel to optimize their…
benefits like killing the environment.
And Satoshi, just one person, owns tens of billions in BTC. That is the top 0.01%.
You mean the same guy that just donated $1.2b to the indian covid relief fund is just in it for the money? I have a hard time believing that. Vitalik doesn't even own half a percent of the circulating supply. And…
Yes. Any action performed in the network will consume 99.95% less energy after this change has gone through.
>because bitcoin users actually validate blocks so do Ethereum users. >In a PoS system there is an incentive for large stakeholders to increase block sizes. this doesn't work because of Ethereum's social contract, just…
it's not like solutions are heavily being worked on: https://ethereum-magicians.org/t/a-rollup-centric-ethereum-r..., https://vitalik.ca/general/2021/04/07/sharding.html,…
it's also important to note that stakers can not withdraw yet. once withdrawal functionality is enabled I expect many more folks to stake their ETH because the uncertainty will be gone.
>However it still is dominated by the "haves" vs the "have nots". Proof of stake is awarded to those with the largest stakes, which favors state-sponsored miners and works against decentralization. where is the…
It shouldn't be much of a surprise to learn that the r/bitcoin sub, bitcointalk.org, and several other bitcoin communities are owned by one and the same person that have a history of censoring dissenting opinions. Just…
Lol. Can you personally verify what your bank is doing? No you can't. If it was on the blockchain, you could.
mining is actually worse because of economies of scale. rich miners don't need pools so they don't pay fees, they get bulk deals and earlier access to the newest ASICs, they can pay personnel to optimize their…
benefits like killing the environment.
And Satoshi, just one person, owns tens of billions in BTC. That is the top 0.01%.
You mean the same guy that just donated $1.2b to the indian covid relief fund is just in it for the money? I have a hard time believing that. Vitalik doesn't even own half a percent of the circulating supply. And…
Yes. Any action performed in the network will consume 99.95% less energy after this change has gone through.
>because bitcoin users actually validate blocks so do Ethereum users. >In a PoS system there is an incentive for large stakeholders to increase block sizes. this doesn't work because of Ethereum's social contract, just…
it's not like solutions are heavily being worked on: https://ethereum-magicians.org/t/a-rollup-centric-ethereum-r..., https://vitalik.ca/general/2021/04/07/sharding.html,…
it's also important to note that stakers can not withdraw yet. once withdrawal functionality is enabled I expect many more folks to stake their ETH because the uncertainty will be gone.
>However it still is dominated by the "haves" vs the "have nots". Proof of stake is awarded to those with the largest stakes, which favors state-sponsored miners and works against decentralization. where is the…