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 …
If I have to choose whom to trust, I'd choose the engineers. Any day.
Now that's not to say that's there's no quality research in crypto. I'm particularly a big fan of @random_walker . http://randomwalker.info/publications/mining_CCS.pdf …
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Speaking of
@random_walker, his most recent paper formalizes the problems with PoS, from the aspect of pseudorandomness. Doesn’t surprise me one bit. Although he seems to still give PoS some benefit of the doubt
https://twitter.com/random_walker/status/1043552710086340609 …
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