IMO Proof of Work / Proof of Stake are inferior to ordinary monolithic security.

IMO Proof of Work / Proof of Stake are inferior to ordinary monolithic security. In other words, the distributed nature is a drag on performance as a currency. State digital currency does not need this proof, because it is insurable and restitutable.


Source date (UTC): 2022-01-12 18:03:44 UTC

Original post: https://twitter.com/i/web/status/1481326038953119749

Reply addressees: @SaitouHajime00 @EricLiford @bryanbrey

Replying to: https://twitter.com/i/web/status/1481325272431411200

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