A Bitcoiner’s Guide To Proof-Of-Stake

A Bitcoiner’s Guide To Proof-Of-Stake

A technical and in-depth analysis of the trade-offs that Ethereum’s consensus mechanism makes in its switch to proof-of-stake and how proof-of-work differs.This is an opinion editorial by Scott Sullivan.Normally Bitcoiners don’t care too much about what goes on in Shitcoin-land, but now that Ethereum has merged to proof-of-stake (PoS), there’s been quite the buzz on Bitcoin Twitter. Of course, the Bitcoin network itself will remain unaffected, but I think this “upgrade” is still worth paying some attention to. Now that Ethereum has cleansed itself of the “dirty” and “wasteful”....


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