themaninblack@lemmy.world to Memes@lemmy.ml · 8 months agoBlockchain: the wave of the futurelemmy.worldimagemessage-square258fedilinkarrow-up1323arrow-down112
arrow-up1311arrow-down1imageBlockchain: the wave of the futurelemmy.worldthemaninblack@lemmy.world to Memes@lemmy.ml · 8 months agomessage-square258fedilink
minus-squareHonytawk@lemmy.ziplinkfedilinkarrow-up1·8 months agoHow does proof of stake not become more expensive, slow, and power hungry the more people use it?
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up1·edit-28 months agoIn PoS the constraint on mining is proportional to the amount of tokens you own. Not the electricity/computational power you have. Tokens are confiscated if you mine dishonestly.
How does proof of stake not become more expensive, slow, and power hungry the more people use it?
In PoS the constraint on mining is proportional to the amount of tokens you own. Not the electricity/computational power you have.
Tokens are confiscated if you mine dishonestly.