idk -- it seems to be that releasing a competitor that's 100x slower, 2 years later, isn't necessarily going to win?
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what makes them not decentralized?
there are no admin keys here
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1) is your objection to all PoS? What do you mean by "election" -- it's round-robin by weight.
2) ETH does have PoW but it's distribution is _not_ wider.
In fact it looks very similar, and if anything is more concentrated:
etherscan.io/stat/miner?ran
solanabeach.io/#/validators
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No sharding, but there is parallelization using write-locks.
Sure, but then:
a) you'll basically never trust a new chain
b) do you have actual reason/evidence that the stakeweight it massively more centralized than it looks, or just a worry?
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I also don't think I understand how PoW would make that better, in practice PoW seems pretty concentrated and close to 51%-able.
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Anyone can PoS block produce Solana too. Small stakers have a proportional say in blocks, more so than they do in PoW.
It's true the reward isn't based on SOL supply control but it *is* based on ASIC supply control.
Why don't write-locks help?
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