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Metalbrushes_Tattoo
replied 2278d
Sk8eM dUb
So in Bitcoin, the guy who can afford to buy the “best gear” is the king and gets to sit on his ass and rule the entire system then. Still risk of one miner taking control/power.
Sk8eM dUb
replied 2277d
In Bitcoin it's only a temporary seat on top. You've obviously never mined before. Mining rigs turn into doorstops so quickly that people have chartered 747s to deliver them.
Metalbrushes_Tattoo
replied 2277d
That’s the point though... he who has the most money sits on top and controls the rest.
Sk8eM dUb
replied 2277d
You seem to think that once you're up there it's easy to stay there permenantly. Couldn't be further from the truth.
Sk8eM dUb
replied 2277d
So there is risk but it's very temporary. POS whales are permanent oligarchs who don't need to spend a dime to control the coin forever. Huge difference.
Metalbrushes_Tattoo
replied 2277d
It depends on how the POS is set up though. When there is an inverse voting system in place then everyone has a voice and everyone is rewarded for contributing to the network.
Sk8eM dUb
replied 2277d
Rigging like that it only makes it easy to game. One whale can easily split into a million minnows in an anonymous environment.