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🚨 Monero Debate on Consensus Mechanism Shift:

Contributors are actively discussing a potential transition from PoW to proof-of-stake (PoS) for Monero, drawing parallels to Zcash's recent changes.

Proponents argue it could address scalability issues and reduce energy consumption while maintaining privacy, but critics warn it might undermine Monero's decentralization and fungibility core tenets that have kept XMR in the top 30 by market cap.

This conversation is gaining traction in forums, with some fearing a drop in value similar to Zcash's trajectory.

No formal proposal has been tabled yet, but it's a hot topic in the Monero Research Lab.

What your thoughts?
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LogicallyMinded 4mo ago

I don’t know the details of what is being proposed but I think an hybrid PoW/PoS would most likely be a positive. I’m not sure about pure PoS though… Also, I’m not aware of the argument that hybrid PoW/PoS would undermine fungibility.

Some of my thoughts below:

nostr:note1t2jf50ah0fl2gspkas42yjf9fw5kkl24uh2sr9wu3ah78v34q9jsvxu5ez

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