Coinnounce
2022-07-13 08:48:56

Vitalik vs. Bitcoin Maximalist Opinion on Proof of Stake

Last Tuesday, Swan Bitcoin managing editor Nick Payton criticized the Proof-of-Stake (PoS) consensus protocol that Ethereum is currently exploring. Payton, a bitcoin maximalist, says the cryptocurrencies are supported by blockchain PoS is like security. PoS is a consensus mechanism that only legal and legitimate transactions can be added to the blockchain. This mechanism requires validators […]

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