Global Feed Post Login
Replying to Avatar wasabi-pea

Can someone explain to me in simple terms why BTC requires proof of work and can’t do exclusively proof of stake?

I’m a big proponent that Bitcoin != Crypto, and I’m not an ETH gal, but just learned about ETH’s shift to proof of stake and I want to understand why that doesn’t work for BTC.

Apologies in advance if this is a dumb question. #plebchain

Avatar
Nathan Day 2y ago

Difficulty-adjusted PoW links Bitcoin issuance to time itself, the universes most scarce resource.

Bitcoin is time.

https://dergigi.com/2021/01/14/bitcoin-is-time/

Reply to this note

Please Login to reply.

Discussion

No replies yet.