I see you conveniently ignore my point about the difference in cost *after* taking majority control :-)
In comparison, PoS validators are merely software & required to have sensitive keys online to sign txs. Validators can be targeted from anywhere remotely. Once keys are stolen & majority control lost (btw the threshold for majority control in PoS is 1/3, not 1/2), you’re screwed.
-
-
The other & even bigger issue, is this https://twitter.com/hugohanoi/status/1050924130487291904 … PoW: w/ majority control, still needs to spend a ridic amount of money to rewrite history/double-spend. PoS: majority control means doing these things at almost *no cost*. Overall, risks nowhere near comparable.
- 1 more reply
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

- and no you still have not addressed my 2nd point. Not sure what you mean by ineffective. Hard for Chinese govt to seize hardware in China AND Iceland. That’s what I mean by geographically decentralized.