• Matty Roses@lemmy.today
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    4 months ago

    That’s PoW. With PoS, it is coin ownership.

    Which is much more distributed than computing power.

    • kwarg@mander.xyz
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      4 months ago

      I’m not an expert, but I never understood why people would prefer PoS over PoW. Indeed, the latter requires to “waste” larger amounts of energy, but doesn’t PoS favor rich groups of people colluding against the blockchain timeline?