Just like the concept of Proof-Of-Work can be found in the real world, outside of bitcoin mining, so does the concept of Proof-Of-Stake. This concept isn't just about locking tokens on a blockchain.
Proof-of-Stake (PoS), at its core, is a system where your ability to participate and earn rewards is directly tied to the amount of capital you already have.
For exemple, online influence on X is Proof-Of-Stake. You can pay to obtain more reach. I would consider this platform to be more Proof-Of-Stake than other one where paid promotion is not possible.
Proof-Of-Stake is not necessarily evil unless you apply it to dictate the rules of money. Proof-Of-Stake should not be the consensus mechanism of money if Proof-Of-Work is possible.
Leathermint
npub1v0…m3m3e
2025-04-01 15:06:06
Author Public Key
npub1v0tfjv5ahr3c260jtzdk5w48krerrnkg8fmcnc5lpguk0qda04eqzm3m3ePublished at
2025-04-01 15:06:06Event JSON
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"content": "Just like the concept of Proof-Of-Work can be found in the real world, outside of bitcoin mining, so does the concept of Proof-Of-Stake. This concept isn't just about locking tokens on a blockchain.\n\nProof-of-Stake (PoS), at its core, is a system where your ability to participate and earn rewards is directly tied to the amount of capital you already have.\n\nFor exemple, online influence on X is Proof-Of-Stake. You can pay to obtain more reach. I would consider this platform to be more Proof-Of-Stake than other one where paid promotion is not possible.\n\nProof-Of-Stake is not necessarily evil unless you apply it to dictate the rules of money. Proof-Of-Stake should not be the consensus mechanism of money if Proof-Of-Work is possible.",
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}