PoS is not a decentralized consensus model. The problem of PoS is circular. The stake must be external to the consensus output itself to be meaningful. If any PoS network pauses or anyone becomes hugely out of sync pr disconnected from the rest of the network, trustless verification of the real state is not possible. They only survive on the thin consensus derived from the network being live and everyone staying on the most recent block and having general social agreement. It is not robust, nor secure against network failure or outage. Trust is inevitably necessary.
A perfect example of this is that every PoS network has centralized, signed checkpoints. Only the shallowest of consensus is trust minimized, after even a little depth it’s completely centralized.
TheGuySwann / Guy Swann
npub1h8…6rpev
2024-07-21 14:11:59
in reply to nevent1q…d5sh
Author Public Key
npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpevPublished at
2024-07-21 14:11:59Event JSON
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