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nbearableus t1_izaeqdy wrote

Doing that would totally negate bitcoins purpose, at that point you'd use dlt and save all the energy.

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IsThereAnythingLeft- t1_izax6q1 wrote

Purpose lol Bitcoin doesn’t have a purpose

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nbearableus t1_izbamrq wrote

Bitcoins purpose is to send value via blockchain, across the Internet, without central control

POS essentially centralises it to a number of large holders.

Like it or not, blockchain is here to stay and will be the fulcrum of the new monetary system ie. CBDCs

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IsThereAnythingLeft- t1_izbfvuw wrote

It was supposed to be a peer to peer payment system, it has openly failed at that and most admit it. 5 tps isn’t a global payment system. The large holders of PoS networks is no different than large mining pools for PoW

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nbearableus t1_izbisyx wrote

So it has a purpose. It absolutely has failed, now treated as speculative asset.

Yes there is essentially no difference except I can mine but I don't have enough eth to be of use in pos.

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