Jul 23, 2017 · 1 min read
Interesting insights, Clay. I think you’re right about the risk and susceptibility to the knock-on effect, yet at the same time by corollary these coin incentives also allow these systems to snowball.
PoR sounds very plausible, like Micali’s Algorand system of “cryptographic sortition” but not weighted on top of PoS. I think it goes back to the risk vs. reward argument regarding whether incentives are necessary. In the universe of cryptocurrencies, it will be very interesting over the next decade to see which of these systems will endure.
