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🚨 Monero Debate on Consensus Mechanism Shift:

Contributors are actively discussing a potential transition from PoW to proof-of-stake (PoS) for Monero, drawing parallels to Zcash's recent changes.

Proponents argue it could address scalability issues and reduce energy consumption while maintaining privacy, but critics warn it might undermine Monero's decentralization and fungibility core tenets that have kept XMR in the top 30 by market cap.

This conversation is gaining traction in forums, with some fearing a drop in value similar to Zcash's trajectory.

No formal proposal has been tabled yet, but it's a hot topic in the Monero Research Lab.

What your thoughts?

ed
ede3d957... 4mo ago

Why would Monero ever shift to PoS, when there is already Zcash doing it. People need to use the market to hedge certain risks instead of trying to put all their ideologies in one project when everybody can profiteer much more from a diverse ecosystem.

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