Replying to Avatar Mike Dilger ☑️

Ok guys. I'm on board with non-fiat currencies. I'm on board with holding your own keys. But I'm trying to understand proof-of-stake.

Is it right that in ETH "the community" votes out validators that act improperly? Can that end up being like cancel culture, the majority voting out someone (causing them to lose their staked ETH) for some entirely different political reason? In bitcoin, anybody can put in the work right? There's no voting, right?

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Mike Dilger ☑️ 2y ago

And then what is a Sybil attack? How does controlling 51% of the nodes give you control?

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