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Replying to blockpilgrim

1. As the war in Ukraine has shown, money can be a weapon for control (read: sanctions). In PoS, whoever has the most coins has political control over the direction of the network. Moreover, PoS is less censorship resilient. This, similar to fiat sanctions, can evolve into a form of economic warfare.

2. This is why Bitcoin and crypto companies hire UX Designers. Their very job is to research & empathize with users in order to minimize their pain points while using digital products.

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τέχνη 2y ago

1. That isn’t how PoS works. Each node is equal. You aren’t more powerful if you have more coins. However, what you described is much closer to PoW where whoever has more power can simply make their enemies irrelevant.

2. Hasn’t worked so far and it’s been like 10 years.

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