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RE: Vitalik Buterin Confirms Ethereum’s Proof of Stake 75 Percent Complete

in #ethereum8 years ago

Still can't wrap my head around PoS. If the person who buys more into the company has more chances of getting rewarded, then how is that different to what we have now IRL? How is security ensured without mining? How can we prevent the banks from buying up these PoS networks, pumping the price, then dumping all in a few minutes? So many questions about this.

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