Subnostr

A simpler way to say this, is that both PoS and PoW are useful but in very different contexts.

PoS is when you need hierarchical organisation with skin in the game.

PoW is when you want something that more resembles physical laws.

The former is fantastic for structuring organisations that require management, leadership and direction. I don’t believe that will ever change, and trying to apply PoW in this context is stupid.

The latter is great for money bc no amount of stake in the money should allow you to change it. The point of money is to have a ledger for the social / economic game of life. To be accurate, it must live where physics lives.

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Discussion

Bill Cypher 1y ago

PoS, I have some resources on the line.

PoW, I have added value with my resources.

I guess they both have a place but one is a far higher standard and a greater contribution to the community.

Running a miner, a node, and having routing lightning channels all require both stake and work. Hash isn't the only work required to keep bitcoin running.

To win we need as many people contributing in as many ways as they each can. The current pinnacle of bitcoin is trading goods or services you produced paid in lightning between 2 noderunners over the channel that connects their nodes. Maybe you aren't there yet, 1 step at a time.

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