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RE: Things To Consider: Is There a Meaningful Difference Between Proof of Work and Proof of Stake?

in #blockchain6 years ago

Proof-of-work was the perfect solution to bootstrap the movement. Now, coins like Bitcoin are too valuable and the competition for the hash lottery is too fierce. Proof-of-stake came along just at the right time. And I expect proof-of-whatever's-next to feel the same way in retrospect.