HODL til 2024 Crypto Bull Run

[Castle2.0]

Originally Posted by Smoofers [You must be logged in to view images. Log in or Register.]

Quantum computing is only a threat to old school proof of work consensus algorithms

e.g. boomer bitcoin

Tis not a threat. Read above.

Proof-of-stake is status quo but on blockchain.

(1) Rich get richer
(2) Rich decide the rules for everyone else

Sounds great.

Use google, there are plenty of problems with proof-of-stake. I didn't cover the technical problems here.