1/ What is handwaving & sloppy thinking is ignoring subtle but important differences between PoW & PoS. Such as the *degree of social consensus required* - in terms of both magnitude & frequency.https://twitter.com/killerstorm/status/1044522585663447040 …
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I'm not sure how much you know about PoS. There are many different approaches, some quite intricate and subtle, and typically it requires separate issuance phase, which can be done using PoW.
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PoS protocols all share the same fundamental flaws although the way they choose to obfuscate the problems vary. It boils down to 2 main variants: either checkpointing or outright reliance on chain freeze/social consensus. See my linked tweets.https://twitter.com/hugohanoi/status/1021832568314843136?s=21 …
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