SOFTWAR AUDIOBOOK - Chapter 5 Part 4 Released

This section goes into detail as to why Bitcoin is the only truly decentralized "cryptocurrency" network in existance. And this is because, rather than being a cryptocurrency, it is more accurate to refer to it as "Bitpower," a name that is as accurate at describing Bitcoin as is calling the force exerted between masses, "gravity," or the current flowing across electrons, "electricity." It is for this reason that no other cryptocurrency network comes close to displaying the same properties of decentralization and scarcity, because only physical-power-based systems can display these properties, but never purely abstract ones. The last subsection describes in detail why Ethereum's Proof-of-Stake model cannot live up to claims of its decentralization and is rather extremely vulnerable to centralization risk because it is an abstract-power-based system.

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Fountain: FOUNTAIN