Choosing ASICs for Sia
David Vorick
71718

“Even if we assume that Proof of Stake is solvable, it has an unavoidable property that I really dislike. Once you get stake in a Proof of Stake system, by following the rules and being attentive you can guarantee that you never lose that stake. If someone were to get 51% control, they have that control forever. And it’s true at smaller amounts too, if someone gets 5% control, they have that control forever.”

  • I was under the impression that a tokenized governance model could remove undesirable block producers thus preventing them to hold their stake for eternity? Something like the proposed EOS model. Perhaps I’m miss understanding and someone could explain better
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